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Turkey interest rates to remain pat on political pressures

Turkey's central bank left all of its key interest rates unchanged on Wednesday, and the MPC hinted that it's more concerned about the inflation outlook than before. "Political pressure means official interest rates are …

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Turkey's central bank left all of its key interest rates unchanged on Wednesday, and the MPC hinted that it's more concerned about the inflation outlook than before. 

"Political pressure means official interest rates are unlikely to be raised, but we do expect market interest rates to stay in double digits." said Capital Economics 

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