Categories Atilla Yeşilada Economy HIGHLIGHTS ANALYSIS: The world shocked by Central Bank rate hike Atilla YeşiladaPosted on25 August, 2023 Central Bank of Turkey’s outsized rate hike shocked experts and market participants at home and … Continue ReadingANALYSIS: The world shocked by Central Bank rate hike
Categories Economy Finance General Monetary policy: Experimenting with dual interest rates Atilla YeşiladaPosted on24 August, 2023 We expect the CBRT interest rate hike to be around 200 basis points. The recent … Continue ReadingMonetary policy: Experimenting with dual interest rates
Categories Economy Finance HIGHLIGHTS Will the Central Bank be able to catch up with the market? Atilla YeşiladaPosted on22 August, 2023 Expectations are for 250 basis points increase Economists participating in the expectations survey of AA … Continue ReadingWill the Central Bank be able to catch up with the market?
Categories General HIGHLIGHTS Simsek and Erkan made their investor debut, how did it go? Atilla YeşiladaPosted on4 August, 2023 Turkey’s new-look economic team met for the first time with dozens of international investors on … Continue ReadingSimsek and Erkan made their investor debut, how did it go?
Categories Business Finance HIGHLIGHTS Central Bank rolls out new measures likely to trigger credit crunch Atilla YeşiladaPosted on26 July, 2023 Central Bank of Turkey on Tuesday unveiled a set of new measures to support monetary … Continue ReadingCentral Bank rolls out new measures likely to trigger credit crunch
Categories Economy HIGHLIGHTS Central Bank governor Gaye Erkan highlights confidence in Türkiye’s inflation fight Atilla YeşiladaPosted on24 June, 2023 Turkey’s newly-appointed central bank Governor Hafize Gaye Erkan said there is confidence in the government’s … Continue ReadingCentral Bank governor Gaye Erkan highlights confidence in Türkiye’s inflation fight
Categories Finance HIGHLIGHTS Markets Latest Central Bank rate hike predictions Atilla YeşiladaPosted on22 June, 2023 Turkey’s central bank is expected to raise its policy rate sharply on Thursday in a … Continue ReadingLatest Central Bank rate hike predictions
Categories Finance HIGHLIGHTS CBTR governor Erkan surveys investment banks to gauge rate hike Atilla YeşiladaPosted on21 June, 2023 Prior to the historical Central Bank Monetary Policy Committee meeting, Central Bank (CBRT) Governor Hafize … Continue ReadingCBTR governor Erkan surveys investment banks to gauge rate hike
Categories Economy Finance HIGHLIGHTS Erdogan Ally Points To ‘Painful’ Rate Hike, a wide range of rate hike forecasts clouds the picture Atilla YeşiladaPosted on20 June, 2023 Turkish President Recep Tayyip Erdogan’s influential ruling coalition partner said Tuesday that the government needed … Continue ReadingErdogan Ally Points To ‘Painful’ Rate Hike, a wide range of rate hike forecasts clouds the picture
Categories Finance HIGHLIGHTS ANALYSIS: Turkish rate hikes: How fast, how high? Atilla YeşiladaPosted on18 June, 2023 Turkey’s first female Central Bank (CBRT) governor Gaye Erkan is certain to engineer the first … Continue ReadingANALYSIS: Turkish rate hikes: How fast, how high?
Categories Economy HIGHLIGHTS VP Cevdet Yilmaz: Administration to stay the course on orthodox policies Atilla YeşiladaPosted on15 June, 2023 Turkey will take steps to lower inflation and will follow free market rules as it … Continue ReadingVP Cevdet Yilmaz: Administration to stay the course on orthodox policies
Categories Business Economy HIGHLIGHTS A new, rational Erdogan? Atilla YeşiladaPosted on14 June, 2023 Turkey has the world’s 19th-largest economy and a leader, Recep Tayyip Erdoğan, who has been … Continue ReadingA new, rational Erdogan?
Categories Business General HIGHLIGHTS Erdogan brings back Mehmet Simsek, replaces all but 2 ministers in the Cabinet Atilla YeşiladaPosted on3 June, 2023 President Tayyip Erdogan signalled on Saturday his newly-elected government would return to more orthodox economic … Continue ReadingErdogan brings back Mehmet Simsek, replaces all but 2 ministers in the Cabinet
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 General HIGHLIGHTS CBRT’s medium-term inflation target stays the same Cem CetingucPosted on2 January, 2023 The Central Bank has said that under the inflation targeting regime, the medium-term inflation target of 5 … Continue ReadingCBRT’s medium-term inflation target stays the same
Categories Economy Emerging Markets General HIGHLIGHTS Syrian economy plummets as internal conflict continues Cem CetingucPosted on29 November, 20223 December, 2022 In a month, the US dollar appreciated about 13 percent against the Syrian pound,” Benjamin … Continue ReadingSyrian economy plummets as internal conflict continues
Categories Economy General HIGHLIGHTS HYPED Lira’s faith after CBRT rate cut seems ‘unfortunate’ Cem CetingucPosted on21 October, 202221 October, 2022 The USD/TRY price has been in a consolidation phase in the past few months and is hovering … Continue ReadingLira’s faith after CBRT rate cut seems ‘unfortunate’
Categories Economy HYPED JP Morgan: Turkish inflation stays under the 80% mark! Atilla YeşiladaPosted on5 August, 2022 For what it’s worth, Turkish CPI surprised marginally to the down side, rising 2.4%m/m in … Continue ReadingJP Morgan: Turkish inflation stays under the 80% mark!
Categories Atilla Yeşilada Business Columnists HIGHLIGHTS COMMENTARY: Erdogan dooms Turkey to currency volatility Atilla YeşiladaPosted on26 May, 2022 While monetary policy decisions are nominally taken and announced by Central Bank of Turkey (CBRT), … Continue ReadingCOMMENTARY: Erdogan dooms Turkey to currency volatility
Categories Finance HIGHLIGHTS JP Morgan on Central Bank of Turkey: CBRT remains on hold, signals new macroprudential measures Atilla YeşiladaPosted on26 May, 2022 As widely expected, the CBRT left its key policy rate unchanged at 14.0%. Also, as … Continue ReadingJP Morgan on Central Bank of Turkey: CBRT remains on hold, signals new macroprudential measures
