Categories Economy General HIGHLIGHTS CBRT tightens monetary policy after rate hikes Cem CetingucPosted on18 March, 2024 Turkey’s central bank is opting for a different monetary tightening method as it grapples with … Continue ReadingCBRT tightens monetary policy after rate hikes
Categories Economy HIGHLIGHTS New Central Bank Governor pledges to continue tight monetary stance Cem CetingucPosted on8 February, 2024 New Central Bank Governor Fatih Karahan has said that the bank will maintain its tight monetary stance until … Continue ReadingNew Central Bank Governor pledges to continue tight monetary stance
Categories Economy Finance HIGHLIGHTS Markets Fed keeps interest rates untouched Cem CetingucPosted on1 February, 2024 The U.S. Federal Reserve (Fed) announced Wednesday that it has decided to keep the interest … Continue ReadingFed keeps interest rates untouched
Categories Economy Finance HIGHLIGHTS Markets Turkey and rest of Middle East suffer from US rate hike Cem CetingucPosted on11 November, 2022 The United States’ decision to increase interest rates is putting pressure on economies in the Middle East, … Continue ReadingTurkey and rest of Middle East suffer from US rate hike
Categories Economy General HIGHLIGHTS Markets WTO: Global trade slows down drastically, recession is closer than ever Cem CetingucPosted on6 October, 20226 October, 2022 The World Trade Organization (WTO) on Wednesday sharply trimmed its global trade growth forecast for … Continue ReadingWTO: Global trade slows down drastically, recession is closer than ever
Categories Economy General HIGHLIGHTS Politics CBRT to meet this week for policy rate Cem CetingucPosted on23 May, 2022 Policymakers at Turkey’s Central Bank are set to meet later this week to decide on the key interest rate. … Continue ReadingCBRT to meet this week for policy rate
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 Economy General Deutsche Bank predicts Turkey will cut rates to 14% by year-end Cem CetingucPosted on12 November, 2021 Deutsche Bank said it now expected Turkey’s central bank (CBT) to reduce interest rates faster … Continue ReadingDeutsche Bank predicts Turkey will cut rates to 14% by year-end
Categories Economy Erdogan’s vaning patience for high interest rates Cem CetingucPosted on21 September, 2021 Turkey’s central bank has begun setting the stage for an interest rate cut long sought … Continue ReadingErdogan’s vaning patience for high interest rates
Categories Economy General Macro Snapshot: Policy rate seems stable in July but could be decreased by 25-50bps in next 3 months, CBRT Survey indicates Cem CetingucPosted on10 July, 2021 MoM expectations were over the historical averages in the coming months (2003-2019 Median – Jul.: … Continue ReadingMacro Snapshot: Policy rate seems stable in July but could be decreased by 25-50bps in next 3 months, CBRT Survey indicates
Categories General Macro Snapshot: CBRT’s Expectations Survey Cem CetingucPosted on6 May, 2021 Policy rate would be kept stable in May but could be decreased by 75bps in … Continue ReadingMacro Snapshot: CBRT’s Expectations Survey
Categories Economy HIGHLIGHTS CBRT remains on hold but sounds more dovish than before Cem CetingucPosted on16 April, 2021 As widely expected, the CBRT kept its policy rate unchanged at 19.0%. Again as expected, … Continue ReadingCBRT remains on hold but sounds more dovish than before
Categories General Investors turn to Bitcoin after Turkey’s economic turmoil Cem CetingucPosted on13 April, 2021 The neighbourhood teahouse is a focus of daily life across Turkey, an Ottoman tradition that has … Continue ReadingInvestors turn to Bitcoin after Turkey’s economic turmoil
Categories Economy Güldem Atabay Politics Erdoğan firing central bank governor gamble on snap elections Cem CetingucPosted on29 March, 202129 March, 2021 Turkey’s President Recep Tayyip Erdoğan shook international markets by firing the well-regarded governor of the … Continue ReadingErdoğan firing central bank governor gamble on snap elections
Categories Economy Politics Turkey’s economic mess is a policy failure rather than a divine test Cem CetingucPosted on29 March, 2021 David Lepeska President Recep Tayyip Erdogan subtly acknowledged the depth of Turkey’s financial woes in … Continue ReadingTurkey’s economic mess is a policy failure rather than a divine test
