Analysts at Nomura expect the TCMB to hike the policy rate by 100-125bp today. Key Quotes “Since 7 June (the most recent rate decision, when TCMB hiked by 125bp), headline inflation has increased by more than 3ppt, while core inflation is up by 2ppt.” “We think the TCMB’s response should be proportional to the deterioration in headline inflation, but in the current political environment, it seems unlikely that the Bank would be able to deliver more than what it did at the last meeting.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar recedes from highs near 94.90, focus on data, Iran, Trump FX Street 5 years Analysts at Nomura expect the TCMB to hike the policy rate by 100-125bp today. Key Quotes "Since 7 June (the most recent rate decision, when TCMB hiked by 125bp), headline inflation has increased by more than 3ppt, while core inflation is up by 2ppt." "We think the TCMB's response should be proportional to the deterioration in headline inflation, but in the current political environment, it seems unlikely that the Bank would be able to deliver more than what it did at the last meeting." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
