Goldman Sachs lowered its expected rate cut from next week's Turkish central bank meeting to 200 basis points, from the previous 350 bps, citing recent data showing both strong economic growth and hotter-than-expected inflation. "With Q2 GDP growth far surpassing expectations— despite weaker domestic demand—and August inflation coming in higher than forecast, we believe the (Turkish central bank) will opt for a smaller cut compared to the previous meeting," Goldman said in a Thursday note.