“If Agbal fails to act decisively, expect the lira to fall sharply to new lows.” Following reshuffle in Turkey’s economic portfolios markets ARE now expecting that interest rate shock. 15% is consensus. Will Erdogan stomach it?
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By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
June 28, 2022
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from