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JP Morgan sees Turkey central bank lift interest rates to 40% imminently
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. [...]