Economists Who Predict Rate Hold Say Turkey Should Actually Hike

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Economists Who Predict Rate Hold Say Turkey Should Actually Hike

Most respondents in a survey of 22 analysts say the central bank will leave its benchmark one-week repo interest rate unchanged at 8.25% on Thursday.

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Most respondents in a survey of 22 analysts say the central bank will leave its benchmark one-week repo interest rate unchanged at 8.25% on Thursday. Only four predict a hike of 75 to 175 basis points.

But when reached by Bloomberg about their estimates, 13 of the 18 forecasters who see a hold acknowledged the central bank should raise rates inste […]

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