"Clear forecast for interest rate cuts in Turkey from Deutsche Bank."

Ozan Tarman, Vice President of Global Macro at Deutsche Bank, shared his insights on what could happen after Donald Trump takes office in the U.S. during a broadcast on CNBC-e, as well as his predictions regarding interest rate cuts in Turkey. He stated that tariffs could start at 60% for China and 10% for Europe with Trump. In such a case, he indicated that the dollar would strengthen even further. He mentioned that the Fed's pricing would begin to change and pointed out that Powell wants to make one more rate cut in December.

OIL PRICE FORECAST OF 60-65 DOLLARS

Ozan Tarman, who stated that his year-end forecast for euro/dollar is 1.05, emphasized that we are currently a very important country. He expressed that emerging markets would not want to see the dollar that strong. Tarman said, "Turkey has an advantage in that we are not the first country that comes to mind when famous tariffs are mentioned. For now, our lira has positively differentiated despite the Trump winds in Turkey and Brazil. China and Mexico are on the radar. If there is a rate cut in 2025, there may be interest in our 5-10 year bonds. It is more likely that we will see oil at 60-65 dollars than at 85-90 dollars."

"THE PRIVATE SECTOR AND PUBLIC MUST COLLABORATE"

Tarman expressed that Turkey is known to be a very important country for the world, and that Trump is aware of Turkey's young population and has a good relationship with President Erdoğan. He emphasized that this situation should be well utilized with orthodox policies and stated that collaboration between the private sector and the public is necessary.

HE INDICATED JANUARY FOR INTEREST RATE CUTS

Tarman stated, "If interest rate cuts are followed by discussions of interest rate hikes in the U.S., stock markets will start to get nervous. We will be a bit anxious at first, but Trump will not allow the market to deteriorate." He expressed that a rate cut is expected in January with the following words: "Deutsche Bank's official forecast for a rate cut from the Central Bank is January. There are those who talk about December in the bond markets, but there is a tendency towards January in the stock markets. When they start, they will begin with 250 basis points. The minimum wage is important, and what the Fed will do in December is crucial. But I think even if there is a cut, the hawkish stance will continue. The markets trust this. I don't think there will be much difference between December and January."