merlin

Member
Morgan Stanley Praises Turkish Economy....
"Turkey, where the fall in inflation has reached the final stage in integrating with the global economy," international investment bank Morgan Stanley praised the country’s economic leap forward.

A report prepared by Morgan Stanley emphasized that inflation can even come in under the eight-percent goal despite the rise in energy inputs, according to figures of the first seven months of this year.

Morgan Stanley estimated a fall to 6.2 percent by the end of the year, noting inflation next year could be at 3.8 percent and that this trend of a fall in inflation might enable the Central Bank to further decrease interest rates.


Merv!
 

Latest Posts

Top Bottom