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BGC Partners: TURKEY - CBT Expectation Survey: Further decrease in inflation expectations...
We observe further decreases in inflation expectations over all time horizons, thanks to no major underlying inflationary pressures and a relatively stable TL. As such, more rate cuts are expected from the CBT by c.50bps in the January meeting and by about 100bps over the next three months, which is exactly in line with our expectations. Meanwhile, GDP growth forecasts have also been upgraded further. (CBT, BGC Partners)
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BGC Partners
BGC has been one of the major market players in Turkish OTC debt, FX and swaps markets since 1998.
We started offering corporate finance and investment banking services to our clients in 2013. We offer a complete range of financial services to help our clients achieve their goals. Our main areas of activity within investment banking are as follows:
- Mergers & Acquisitions
- Equity Capital Markets
- Debt Finance & Advisory
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