Macro - Weekly Briefings - Emerging Markets

Macro - Weekly Briefings - Emerging Markets



We expect the orthodox policy course in Turkey to be upheld following the defeat of President Erdogan's AKP in the local election on March 31. In the post-election speech, the president appeared to take the sharper-than-expected setback in stride, while recognising the urgency of the policy overhaul needed to tackle inflation.


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