24-May-2026
Economy News
 
JPMorgan Sees Turkey Central Bank Lift Interest Rates to 40% Imminently
23-May-2026

Investment bank JPMorgan said on Friday that Turkey's central bank was likely to hike its key interest rate to 40% and could even do so before its next planned meeting in June following the latest bout of politically-driven market turbulence. "Rising political risks come at an unhelpful time for the lira," JPMorgan analysts said in a research note.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-22/jpmorgan-sees-turkey-central-bank-lift-interest-rates-to-40-imminently