Lira Swaps Signal Turkey Will Hold Off Hiking Rates This Meeting

Swaps tied to the Turkish lira are signaling that traders have pared bets for the central bank to raise interest rates, after the ceasefire in the Iran war pushed oil...

By Tugce Ozsoy · Bloomberg Markets

Swaps tied to the Turkish lira are signaling that traders have pared bets for the central bank to raise interest rates, after the ceasefire in the Iran war pushed oil prices off their highs and eased inflation fears.