JPMorgan Lowers Inflation Expectations after Healthcare Fee Reduction

Following the reduction in healthcare copayments, JPMorgan updated its inflation forecast. The bank decreased its February inflation expectation from 3.5% to 2.7%. JPMorgan lowered its February inflation forecast after the reduction in healthcare copayments. According to the bank’s statement, the adjustment in healthcare prices could have a total potential dosage effect of up to 1%. JPMorgan reduced its monthly inflation expectation for February from 3.5% to 2.7%. It maintained its year-end inflation expectation at 27.2%. The bank forecasted that the Central Bank of Turkey will continue with 250 basis point interest rate cuts in March and April. It revealed a 2025 interest rate expectation of 30%. The Social Security Institution (SGK) had made changes in the healthcare application communiqué. The copayment amounts to be applied in physician and dentist examinations were reduced. The copayment amount for patient examinations at training and research hospitals, neighborhood clinics, state, and foundation university hospitals was decreased from 45 lira to 20 lira.