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-0.000297103243377085 -9.90344144590752E-05 0.000594206486754029 0.000693240901213104 0.00135380044565477 0.00212923991086892 0.00262441198316415 0.00202426343154239
Stock impact report

Turkey Seen Likely to Start Discussing Rate Cuts in November [BNN Bloomberg (Canada)]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: BNN Bloomberg
The bank will focus primarily on inflation, which authorities predict will gradually slow to 38% by the end of this year, compared with 52% in August, according to the person, who asked not to be identified because of the sensitivity of the matter. The central bank did not immediately comment. It has repeatedly said it wants to see a sustained decline in monthly inflation before changing policy. Turkey Hints Rate Cut Is Closer After Sixth Straight Hold Some bank analysts have said a rate cut in November is more likely after the central bank appeared to soften its forward guidance in a statement accompanying its policy decision on Thursday. The bank dropped an explicit pledge for further tightening of monetary stance should there be a need, while maintaining its key rate at 50% for a sixth consecutive month. Still, not every analyst interpreted the statement in the same way. Garanti BBVA analysts pushed back their rate-cut forecast by a month to December, while Morgan Stanley Show less Read more
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