Categories Finance HIGHLIGHTS ANALYSIS: Turkish Central Bank switches to “wait and see” mode Atilla YeşiladaPosted on27 June, 2024 The Central Bank of the Republic of Turkey (CBRT) did not surprise the markets by … Continue ReadingANALYSIS: Turkish Central Bank switches to “wait and see” mode
Categories Finance Güldem Atabay HIGHLIGHTS Guldem Atabay: Will CB rate hike attract foreign investment? Is dollarization over? Atilla YeşiladaPosted on24 March, 202425 March, 2024 Foreign investors’ interest in Turkish financial markets remains high, as judged by comments in global … Continue ReadingGuldem Atabay: Will CB rate hike attract foreign investment? Is dollarization over?
Categories Economy HIGHLIGHTS ANALYSIS: 2024 Macro Outlook for Turkey Atilla YeşiladaPosted on24 December, 2023 Slowing down growth in 2024 is the essential condition of achieving «sustainable» growth and «sustainable … Continue ReadingANALYSIS: 2024 Macro Outlook for Turkey
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 Finance HIGHLIGHTS Gedik Investment: CBRT hikes the policy rate by 500 bps to 35% Atilla YeşiladaPosted on27 October, 2023 The CBRT increased the policy rate by 500 bps to 35% The CBRT, in … Continue ReadingGedik Investment: CBRT hikes the policy rate by 500 bps to 35%
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 Economy HIGHLIGHTS HSBC ups policy rate forecast, downgrades GDP growth Atilla YeşiladaPosted on19 September, 2023 Investment bank HSBC increased its year-end forecast for the policy rate in Turkey from 30 … Continue ReadingHSBC ups policy rate forecast, downgrades GDP growth
Categories Finance HIGHLIGHTS Turkey Must Hike Rates After Elections. Who Will Get Spanked Bad? Atilla YeşiladaPosted on21 April, 2023 Turkey must hike rates after elections. Who will get spanked bad? Turkish inflation is running … Continue ReadingTurkey Must Hike Rates After Elections. Who Will Get Spanked Bad?
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