JPMorgan’s Key Forecast: How Long Will the CBRT Continue Cutting Rates?

JPMorgan has said Turkey’s latest 100-basis-point rate cut by the Central Bank (CBRT) was in line with expectations and predicted that monetary easing will continue through the end of the year. The bank expects one more cut in December, followed by a gradual reduction in 2025–2026 that could bring the policy rate down to 38.5% … Continue reading JPMorgan’s Key Forecast: How Long Will the CBRT Continue Cutting Rates?