Categories Business General HIGHLIGHTS Tech World Bank: Turkey needs $1.100 bn to deal with earthquake, climate change mitigation Atilla YeşiladaPosted on24 November, 2023 World Bank recently expended its loan facility to Turkey by $17 bn to $38 bn … Continue ReadingWorld Bank: Turkey needs $1.100 bn to deal with earthquake, climate change mitigation
Categories Finance HIGHLIGHTS ANALYSIS: CBRT hikes the policy rate by 500 bps to 40% Atilla YeşiladaPosted on23 November, 2023 The CBRT raised its policy rate by 500bps to 40%, exceeding market expectations of a … Continue ReadingANALYSIS: CBRT hikes the policy rate by 500 bps to 40%
Categories Economy HIGHLIGHTS Morgan Stanley on Turkey 2024: A Gradual Rebalancing Atilla YeşiladaPosted on18 November, 2023 Prelude Turkey’s shift towards a more conventional macro policy framework post-elections has involved significant … Continue ReadingMorgan Stanley on Turkey 2024: A Gradual Rebalancing
Categories Atilla Yeşilada Economy HIGHLIGHTS Video Commentary: Turkish economy too hot for comfort Atilla YeşiladaPosted on18 November, 2023 Real Turkey Channel frontperson Atilla Yesilada updates viewers on how the post-election economic recovery … Continue ReadingVideo Commentary: Turkish economy too hot for comfort
Categories Economy HIGHLIGHTS CBRT Expectations Survey: Participants predict lower inflation, stronger TL, policy easing in 2024 Atilla YeşiladaPosted on17 November, 2023 According to the Market Participants Survey published monthly by Central Bank of Turkey (CBRT), year-end … Continue ReadingCBRT Expectations Survey: Participants predict lower inflation, stronger TL, policy easing in 2024
Categories Economy HIGHLIGHTS ANALYSIS: October budget deficit tame, for the wrong reasons Atilla YeşiladaPosted on17 November, 2023 Gedik Invest chief economist Mr Serkan Gonencler shared his analysis of budget trends with PA … Continue ReadingANALYSIS: October budget deficit tame, for the wrong reasons
Categories Finance General HIGHLIGHTS Central Bank governor Erkan: Monetary policy is working, determined to combat inflation Atilla YeşiladaPosted on16 November, 2023 The Central Bank of the Republic of Turkey (TCBM) published the last Financial Stability Report … Continue ReadingCentral Bank governor Erkan: Monetary policy is working, determined to combat inflation
Categories Economy HIGHLIGHTS ANALYSIS: September current account in surplus, but what about the winter? Atilla YeşiladaPosted on14 November, 2023 There was a swift decline in 12-month rolling C/A deficit in September… In September, there … Continue ReadingANALYSIS: September current account in surplus, but what about the winter?
Categories Economy HIGHLIGHTS ING Think: Turkish economy slowing, fiscal spend to increase in 4Q2023 Atilla YeşiladaPosted on9 November, 2023 Recent growth indicators confirm slowdown in activity The contraction in August industrial production and the … Continue ReadingING Think: Turkish economy slowing, fiscal spend to increase in 4Q2023
Categories Economy HYPED Turkish Economist: Middle East crisis could derail the economy Atilla YeşiladaPosted on6 November, 2023 The chaos in the Middle East prevails as the İsrael-Palestinian conflict has merged into a … Continue ReadingTurkish Economist: Middle East crisis could derail the economy
Categories Economy HIGHLIGHTS ANALYSIS: Turkish inflation treads water in October, outlook still grim Atilla YeşiladaPosted on3 November, 2023 With a better-than-expected monthly inflation rate coming in at 3.4%, Turkey’s annual figure remained broadly … Continue ReadingANALYSIS: Turkish inflation treads water in October, outlook still grim
Categories Economy Finance HIGHLIGHTS CBRT/Gaye Erkan: monetary tightening to last until significant improvement in inflation outlook – 3 Atilla YeşiladaPosted on2 November, 2023 This is the final part of our coverage of CBRT’s quarterly inflation report. After a … Continue ReadingCBRT/Gaye Erkan: monetary tightening to last until significant improvement in inflation outlook – 3
Categories Economy Finance HIGHLIGHTS CBRT/Gaye Erkan: Medium-term projections-2 Atilla YeşiladaPosted on2 November, 2023 This is the second installment of our coverage of TURKEY’s third inflation report of the … Continue ReadingCBRT/Gaye Erkan: Medium-term projections-2
Categories Economy Finance HIGHLIGHTS Highlights from Gaye Erkan’s Inflation Report presentation—1 Atilla YeşiladaPosted on2 November, 2023 Now, I would like to elaborate on the monetary policy strategy we are implementing in … Continue ReadingHighlights from Gaye Erkan’s Inflation Report presentation—1
Categories Business HIGHLIGHTS ANALYSIS: Turkish exports are in trouble, rising rates could cause more damage Atilla YeşiladaPosted on2 November, 2023 By Levent Yilmaz, Yeni Safak Daily Last Tuesday, TurkStat announced Foreign Trade Statistics for … Continue ReadingANALYSIS: Turkish exports are in trouble, rising rates could cause more damage
Categories General HIGHLIGHTS UPDATE (new comments added) Mehmet Simsek: We met 200 investors so far in the Gulf tour Atilla YeşiladaPosted on24 October, 202325 October, 2023 According to Bloomberg, Turkish Finance Minister Mehmet Simsek says: Concerns about the longevity of new … Continue ReadingUPDATE (new comments added) Mehmet Simsek: We met 200 investors so far in the Gulf tour
Categories Economy General HIGHLIGHTS Tim Ash: Marrakesh – the Turks were the talk of the town Atilla YeşiladaPosted on24 October, 2023 The new Turkish economy team were the talk of the town/star performers at the IMF … Continue ReadingTim Ash: Marrakesh – the Turks were the talk of the town
Categories Finance HIGHLIGHTS Morgan Stanley CBT Preview: Keeping Pace Atilla YeşiladaPosted on23 October, 2023 We expect another 500bp hike (to 35%) on October 26 in view of upside risks … Continue ReadingMorgan Stanley CBT Preview: Keeping Pace
Categories Atilla Yeşilada Finance HIGHLIGHTS ANALSIS: CBRT’s 500 basis point rate hike signals a brand new monetary regime Atilla YeşiladaPosted on21 September, 202321 September, 2023 This is a quick analysis by Atilla Yesilada about the importance of Central Bank’s (CBRT) … Continue ReadingANALSIS: CBRT’s 500 basis point rate hike signals a brand new monetary regime
Categories Atilla Yeşilada Columnists Economy HIGHLIGHTS Atilla Yesilada: Turkish economy still too hot for comfort Atilla YeşiladaPosted on20 September, 2023 On Monday, private financial broadcaster BloombergHT published its September preliminary consumer survey, which is even … Continue ReadingAtilla Yesilada: Turkish economy still too hot for comfort