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JPMorgan ups Turkey inflation, interest rate forecasts | Reuters
JPMorgan ups Turkey inflation, interest rate forecasts
Reuters
September 4, 20234:12 PM GMT+2Updated a day ago
LONDON, Sept 4 (Reuters) - Higher-than-expected inflation data for August published on Monday prompted JPMorgan to revise its year-end inflation forecast to 65% from 62% with the annual rate now expected to peak at 73% in May 2024, according to the Wall Street bank.
More:JPMorgan ups Turkey inflation, interest rate forecasts | Reuters