Emerging markets next week

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What to expect? In fact, anything can happen.

Although it’s not about the stakes. And in the complete distrust of the markets and the population of Turkey to the lira and Erdoganonomics in general.

Despite the fact that previous attempts to stop the growth of consumer prices by tightening monetary policy ended in vain, it is expected that the regulator will raise the rate yet again, but this time by 100 bp at once.

The wish of the country’s leadership is known. The expectation of a new wave of rising food prices is also known.

And why, will we reach 9.5% by spring?

I just want to hope that such an aggressive rate hike as at the next meeting of the Central Bank will be the last one. It’s too bad for our economic growth…

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