Iran War Forces Turkey to Rethink Rates Path and Put Cuts on Ice


Because Turkey is a major net importer of energy, high energy prices could lift inflation expectations, widen the country’s trade deficit and cause foreign investors to pull out, Deutsche Bank AG economists including Yigit Onay said in a March 6 note. “Risks to our year-end policy rate forecast of 30% are skewed to the upside,” they wrote.



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