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Turkey: Central bank keeps easing bias as inflation forecasts rise – ING
ING’s Chief Economist for Turkey, Muhammet Mercan, notes that the Central Bank of Turkey raised its 2026 inflation forecast range while keeping its official targets unchanged, and remains relatively constructive on the inflation outlook.
Fxstreet
Thu, Feb 12
GBP: Sluggish UK growth supports March cut risk – TD Securities
TD Securities analysts note that UK GDP for December matched expectations at 0.1% month-on-month, but downward revisions to November left Q4 growth at 0.1% quarter-on-quarter, below consensus and Bank of England projections.
Fxstreet
Thu, Feb 12
NOK: Rate cuts sidelined as inflation climbs – Nordea
Nordea’s Chief economist Kjetil Olsen argues that Norges Bank can no longer justify further rate cuts as Norwegian inflation trends higher and remains well above target. Underlying inflation is around 3.5%, while unemployment has edged lower and growth has picked up.
Fxstreet
Thu, Feb 12
EUR/GBP: Staying bullish after weak UK GDP – ING
ING strategist Francesco Pesole notes the UK economy ended 2025 on a weak footing, with softness in construction and business investment. With the Bank of England already aware of this slowdown, upcoming jobs and inflation data are seen as key.
Fxstreet
Thu, Feb 12
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