Turkey: Limited room for further CBRT easing – Standard Chartered

Carla Slim, economist at Standard Chartered, expects the Central Bank of the Republic of Turkey (CBRT) to cut the repo rate by 100bps on 24 October, following cumulative easing of 750bps at its last two Monetary Policy Committee (MPC) meetings.
Key Quotes
“We do not rule out a deeper cut of up to 200bps, in which case the MPC would emphasise downsi […]