{"id":686464,"date":"2026-05-22T14:13:24","date_gmt":"2026-05-22T14:13:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/686464\/"},"modified":"2026-05-22T14:13:24","modified_gmt":"2026-05-22T14:13:24","slug":"jpmorgan-sees-turkey-central-bank-lift-interest-rates-to-40-imminently","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/686464\/","title":{"rendered":"JPMorgan sees Turkey central bank lift interest rates to 40% imminently"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">LONDON, May 22 (Reuters) &#8211; Investment bank JPMorgan said \u200con Friday that \u200cTurkey&#8217;s central bank was likely \u200bto hike its key interest rate to 40% and could even do \u200cso \u2060before its next planned meeting in June \u2060following the latest bout of politically-driven market \u200bturbulence.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;Rising political \u200brisks \u200bcome at \u200can unhelpful time for the lira,&#8221; JPMorgan analysts said in a research note.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;We now expect the \u200cCBRT (Turkish central \u200bbank) to hike \u200bits \u200bone-week repo rate \u200cto 40%, from \u200bthe \u200bcurrent 37%, at the June 11 MPC \u200bmeeting, \u200cor potentially earlier.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by \u200bMarc Jones, editing by \u200bKarin Strohecker)<\/p>\n","protected":false},"excerpt":{"rendered":"LONDON, May 22 (Reuters) &#8211; Investment bank JPMorgan said \u200con Friday that \u200cTurkey&#8217;s central bank was likely \u200bto&hellip;\n","protected":false},"author":2,"featured_media":686465,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,10082,46,251528,36947],"class_list":["post-686464","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-central-bank","tag-economy","tag-investment-bank","tag-jpmorgan"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/686464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=686464"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/686464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/686465"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=686464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=686464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=686464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}