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SAby u/salmamansour·19dAnalysis

Thoughts on Turkey's rate decision next week

Considering the recent rhetoric and continued inflation, I'd put the odds at about 70% for a hold by the CBRT next week. Any hike would be a major surprise and likely lead to a significant Lira appreciation, but the current political climate doesn't suggest that kind of hawkish pivot is in the cards right now. A cut is almost unthinkable given the data.

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