Categories Economy HIGHLIGHTS As Turkey’s inflation soars in February, the CBRT restricts bank lending in an effort to prevent further rate hikes Güldem AtabayPosted on6 March, 2024 The Central Bank of Turkey took additional tightening measures to support the tight monetary policy. … Continue ReadingAs Turkey’s inflation soars in February, the CBRT restricts bank lending in an effort to prevent further rate hikes
Categories HIGHLIGHTS Politics “At least 40 percent of Kurdish DEM Party voters will vote for Imamoğlu in Istanbul” Güldem AtabayPosted on5 March, 2024 According to researchers who have taken the pulse of Kurdish public opinion ahead of the … Continue Reading“At least 40 percent of Kurdish DEM Party voters will vote for Imamoğlu in Istanbul”
Categories Finance HIGHLIGHTS Markets Turkey’s excess lira liquidity almost gone, open market funding seen possible Güldem AtabayPosted on29 February, 2024 Bankers suggest that the rapid decline in excess lira liquidity within Turkey’s banking system, attributed … Continue ReadingTurkey’s excess lira liquidity almost gone, open market funding seen possible
Categories HIGHLIGHTS Politics Freedom House: Freedom report accuses AKP of election manipulation Güldem AtabayPosted on29 February, 2024 Freedom House, the US government-backed non-governmental organization, released its Freedom in the World report for … Continue ReadingFreedom House: Freedom report accuses AKP of election manipulation
Categories HIGHLIGHTS Politics Turkey’s local election results could be shaped by three small parties Güldem AtabayPosted on29 February, 2024 With about a month to go before the local elections, the level of competition among … Continue ReadingTurkey’s local election results could be shaped by three small parties
Categories Güldem Atabay HIGHLIGHTS Güldem Atabay: Growth has strengthened, why inflation won’t fall Güldem AtabayPosted on29 February, 2024 The Turkish economy’s relentless battle between growth and inflation continues. Let us first go through … Continue ReadingGüldem Atabay: Growth has strengthened, why inflation won’t fall
Categories Economy HIGHLIGHTS Prof. Acemoğlu: Tightening not enough for disinflation Güldem AtabayPosted on29 February, 2024 Prof. Daron Acemoğlu pointed out that the real interest rate is still negative and stated … Continue ReadingProf. Acemoğlu: Tightening not enough for disinflation
Categories Economy HIGHLIGHTS Talk of a cabinet reshuffle has begun: Mehmet Simsek may be dismissed Güldem AtabayPosted on28 February, 2024 Journalist Erdal Sağlam said that there is already talk of a cabinet reshuffle ahead of … Continue ReadingTalk of a cabinet reshuffle has begun: Mehmet Simsek may be dismissed
Categories Economy HIGHLIGHTS Prof Demiralp: Central Bank keeps policy rate unchanged: Is the rhetoric of monetary tightening ‘when necessary’ realistic? Güldem AtabayPosted on22 February, 2024 The Central Bank kept the policy rate unchanged this time, which was 45 percent in … Continue ReadingProf Demiralp: Central Bank keeps policy rate unchanged: Is the rhetoric of monetary tightening ‘when necessary’ realistic?
Categories Economy HIGHLIGHTS TURKEY: Central Bank keeps rates fixed at 45 percent with a rather dovish tone Güldem AtabayPosted on22 February, 202422 February, 2024 Turkey’s central bank (CBRT) kept the policy rate (the one-week repo auction rate) constant at … Continue ReadingTURKEY: Central Bank keeps rates fixed at 45 percent with a rather dovish tone
Categories Economy HIGHLIGHTS (UPDATE-Commentary added) Housing sales continue to slide in Turkey following strong rate hikes Güldem AtabayPosted on16 February, 202416 February, 2024 Halk Yatirim Research commentary According to TUIK data, total housing sales across Turkey decreased by … Continue Reading(UPDATE-Commentary added) Housing sales continue to slide in Turkey following strong rate hikes
Categories Economy HIGHLIGHTS Simsek’s plans after March 31: ‘Erdoğan may object’ Güldem AtabayPosted on12 February, 2024 Journalist Erdal Sağlam commented on Treasury and Finance Minister Mehmet Şimşek’s plans for the post-election … Continue ReadingSimsek’s plans after March 31: ‘Erdoğan may object’
Categories Economy HIGHLIGHTS CBRT Governor Karahan meets with the Banks Association of Turkey Güldem AtabayPosted on12 February, 2024 Dr. Fatih Karahan, Governor of the Central Bank of the Republic of Turkey (CBRT), met … Continue ReadingCBRT Governor Karahan meets with the Banks Association of Turkey
Categories Economy HIGHLIGHTS Turkey’s unemployment rate stable in December Güldem AtabayPosted on12 February, 2024 According to data released by Turkstat, unemployment rate was 8.8 percent in December. While unemployment … Continue ReadingTurkey’s unemployment rate stable in December
Categories HIGHLIGHTS Politics Başak Demirtaş will not be DEM Party’s Istanbul Metropolitan Mayor Candidate Güldem AtabayPosted on7 February, 2024 Başak Demirtaş, the wife of former Peoples’ Democratic Party (HDP) Co-Chair Selahattin Demirtaş, who is … Continue ReadingBaşak Demirtaş will not be DEM Party’s Istanbul Metropolitan Mayor Candidate
Categories Economy Finance HIGHLIGHTS FT reports that Turkey’s sovereign wealth fund offers $500mn bond deal Güldem AtabayPosted on7 February, 20247 February, 2024 The Turkey Wealth Fund is moving forward with its intentions to launch its first international … Continue ReadingFT reports that Turkey’s sovereign wealth fund offers $500mn bond deal
Categories Economy HIGHLIGHTS Central Bank Governor Erkan “sacked” new appointed Governor is Fatih Karahan Güldem AtabayPosted on2 February, 20243 February, 2024 Central Bank Governor Hafize Gaye Erkan announced her resignation on February 2 with a statement … Continue ReadingCentral Bank Governor Erkan “sacked” new appointed Governor is Fatih Karahan
Categories Economy HIGHLIGHTS Turkey’s Central Bank Governor Hafize Gaye Erkan resigns Güldem AtabayPosted on2 February, 2024 Hafize Gaye Erkan resigned, Treasury and Finance Minister Mehmet Şimşek said, “I wish success to … Continue ReadingTurkey’s Central Bank Governor Hafize Gaye Erkan resigns
Categories HIGHLIGHTS Politics Washington approves sale of F-16 warplanes to Turkey Güldem AtabayPosted on28 January, 2024 Ending months of negotiations, the US government on Friday approved a $23 billion deal to … Continue ReadingWashington approves sale of F-16 warplanes to Turkey
Categories Columnists Güldem Atabay HIGHLIGHTS Guldem Atabay: Turkey’s central bank completes the hiking cycle, what now for the rest of 2024? Güldem AtabayPosted on25 January, 202425 January, 2024 The Monetary Policy Committee (MPC) raised the policy rate (one-week repo auction rate) from 42.5 … Continue ReadingGuldem Atabay: Turkey’s central bank completes the hiking cycle, what now for the rest of 2024?
