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19 Oct
17:43

Interest rates peak, Turkish economic outlook improves: Gökşen

Interest rates have more or less peaked globally, while earlier concerns of a global economic recession have been proved unfounded, indicating a soft landing is likely for economic growth. European economic growth, however, is struggling, with both manufacturing and services PMI contracting. This is according to chief economist Özlem Bayraktar Gökşen. A further escalation in the Israel-Gaza conflict could result in $150/barrel oil prices, creating anothe…
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