Turkey’s Confab at JPMorgan HQ Looks to Break Ice With Investors
Turkey’s top policymakers are meeting foreign investors in New York, seeking to persuade them to return to buying domestic assets and that a newly mainstream monetary strategy is here to stay.
The event, set to be held Thursday at the headquarters of JPMorgan Chase & Co., is the first such gathering organized by the central bank since Turkish President Recep Tayyip Erdogan overhauled his economic team after being reelected in May. The change of tack was an attempt to curb soaring inflation and revive foreign interest in his country’s markets.