Morgan Stanley's Forecast for the Central Bank of Turkey: Probability of Rate Cut Diminished

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Morgan Stanley's Forecast for the Central Bank of Turkey: Probability of Rate Cut Diminished

Morgan Stanley (NYSE: MS) economist Hande Küçük stated in a note that after the inflation data for October, the likelihood of an interest rate cut this year has decreased. The economist noted that inflation was higher than expected for the second month as well, which reduces the possibility of a rate cut in December.