Tuesday, September 05, 2023

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