Categories Economy Finance HIGHLIGHTS JP Morgan: Turkey: the CBRT shows no intention of tightening its policy Atilla YeşiladaPosted on24 June, 2022 Despite stronger price pressures and tighter global liquidity, the CBRT, once again, kept rates unchanged … Continue ReadingJP Morgan: Turkey: the CBRT shows no intention of tightening its policy
Categories Economy Finance HIGHLIGHTS Turkey Central Bank, sorry, Erdogan leaves policy rate unchanged, currency under pressure again Atilla YeşiladaPosted on17 March, 2022 The Central Bank of the Republic of Turkey has decided to hold interest rates at … Continue ReadingTurkey Central Bank, sorry, Erdogan leaves policy rate unchanged, currency under pressure again
Categories Economy Finance HIGHLIGHTS Markets Two Fed officials back steady rise in interest rates starting in March Cem CetingucPosted on19 February, 2022 Two top Federal Reserve officials said the US central bank should launch a steady string … Continue ReadingTwo Fed officials back steady rise in interest rates starting in March
Categories Economy Finance HIGHLIGHTS Turkish Lira: Doomed to devaluation? Cem CetingucPosted on2 February, 2022 For investors in Turkey, December 2021 will go down as the month of the white-knuckle … Continue ReadingTurkish Lira: Doomed to devaluation?
Categories Finance General Erdogan signals more rate cuts Atilla YeşiladaPosted on31 January, 2022 President Tayyip Erdogan repeated his unorthodox economic policy on Saturday, saying interest rates would be … Continue ReadingErdogan signals more rate cuts
Categories Finance Markets FXStreet: USD/TRY ignores Turkish President Erdogan to keep Fed-led gains near $13.50 Atilla YeşiladaPosted on27 January, 2022 USD/TRY picks up bids to $13.60, reversing the early Asian pullback on Thursday, as market … Continue ReadingFXStreet: USD/TRY ignores Turkish President Erdogan to keep Fed-led gains near $13.50
Categories Finance HIGHLIGHTS Central Bank of Turkey chasing pipe dreams Atilla YeşiladaPosted on31 December, 2021 Turkey’s central bank will monitor risks related to the foreign exchange market and do what … Continue ReadingCentral Bank of Turkey chasing pipe dreams
Categories Economy Finance HIGHLIGHTS Politics UPDATE (TL slump) CBRT cuts interest rates by 100 basis points Cem CetingucPosted on16 December, 202117 December, 2021 AP: Turkish lira dips to new low after another interest rate cut The Turkish lira hit … Continue ReadingUPDATE (TL slump) CBRT cuts interest rates by 100 basis points
Categories Economy General HIGHLIGHTS Markets Currency crisis hits hard in Turkey Cem CetingucPosted on9 December, 2021 Turkey’s deepening currency crisis could mark the definitive end of the country’s economic success story … Continue ReadingCurrency crisis hits hard in Turkey
Categories Economy Erdogan Unorthodox Views on Economy Rattle Turkish Markets Cem CetingucPosted on21 October, 2021 Turkey’s President Recep Tayyip Erdogan doesn’t like it when the country’s banks charge people relatively … Continue ReadingErdogan Unorthodox Views on Economy Rattle Turkish Markets
Categories Economy General Erdogan: Turkish economy will grow more than 7% this year Cem CetingucPosted on5 August, 20215 August, 2021 President Tayyip Erdogan said on Wednesday Turkey’s economy would grow more than 7% this year, … Continue ReadingErdogan: Turkish economy will grow more than 7% this year
Categories Economy HYPED Turkey’s inflation expected to surge above 16% in March Atilla YeşiladaPosted on5 April, 2021 Turkey’s consumer price inflation is expected to exceed 16% in March, multiple surveys estimated, rising … Continue ReadingTurkey’s inflation expected to surge above 16% in March
Categories Finance Markets Turkey may avoid lira collapse by holding interest rates, IHS Markit says Atilla YeşiladaPosted on4 April, 2021 Turkey’s central bank, faced with fresh instability in the llra, may keep its benchmark interest … Continue ReadingTurkey may avoid lira collapse by holding interest rates, IHS Markit says
Categories Economy HIGHLIGHTS Bloomberg Economics: Slower Growth, Higher Inflation, Weaker Lira Atilla YeşiladaPosted on31 March, 2021 After Goldman Sachs, Bloomberg Economics, too, revised its Turkey 2021 forecasts. Bloomberg expects higher inflation … Continue ReadingBloomberg Economics: Slower Growth, Higher Inflation, Weaker Lira
Categories Markets Commerzbank: Lira shrugs off hawkish CBT decision Atilla YeşiladaPosted on26 June, 202028 June, 2020 The Turkish central bank kept its base rate unchanged today versus consensus expectation of another … Continue ReadingCommerzbank: Lira shrugs off hawkish CBT decision
