Goldman Sachs Warns on Türkiye: Inflation Risks Rising, Rate Hike Looms

Goldman Sachs has issued a stark warning on Türkiye’s economic outlook, highlighting rising inflation risks driven by energy prices and weakening banking-sector profitability. The bank cautions that the Central Bank of the Republic of Türkiye (CBRT) may be forced to deliver a 300 basis-point rate hike if current conditions persist. Banking Sector Profitability Under Pressure … Continue reading Goldman Sachs Warns on Türkiye: Inflation Risks Rising, Rate Hike Looms