Categories Finance HIGHLIGHTS BofA: Central Bank to cut rates in December, economist survey bets on January 2025 Atilla YeşiladaPosted on20 November, 2024 The Central Bank’s (CBRT) decision regarding the policy rate will be announced Thursday. While markets … Continue ReadingBofA: Central Bank to cut rates in December, economist survey bets on January 2025
Categories Finance HIGHLIGHTS Natasha Turak/CNBC-E: Turkey shocks markets with rate cut despite inflation near 80% Atilla YeşiladaPosted on18 August, 2022 Turkey’s central bank shocked markets Thursday with a cut to its benchmark policy rate, despite … Continue ReadingNatasha Turak/CNBC-E: Turkey shocks markets with rate cut despite inflation near 80%
Categories Finance HIGHLIGHTS CBRT passes up on rate cut, but more are underway Atilla YeşiladaPosted on20 January, 2022 The Turkish Central Bank left its weekly repo rate unchanged 14%, in-line with expectations. This … Continue ReadingCBRT passes up on rate cut, but more are underway
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 Emerging Markets Finance HIGHLIGHTS Amidst wild gyrations, TL drops into a black hole—expert comments Atilla YeşiladaPosted on18 November, 2021 Turkey’s lira plunged 6% on Thursday, breaching 11 to the dollar for the first time … Continue ReadingAmidst wild gyrations, TL drops into a black hole—expert comments
Categories Atilla Yeşilada Business Economy HIGHLIGHTS The rate cut conundrum: What will Erdogan do? Atilla YeşiladaPosted on20 October, 2021 I have read three surveys by Turkish press outlets, all of which find that the … Continue ReadingThe rate cut conundrum: What will Erdogan do?
Categories Economy CBRT’s latest rate cut increases risks on inflation Cem CetingucPosted on24 September, 2021 In a rather surprising move, the CBRT cut its 1-week repo rate 100bp to 18.00%. … Continue ReadingCBRT’s latest rate cut increases risks on inflation
Categories Economy Finance HIGHLIGHTS Aftermath: Central Bank of Turkey rate cut Atilla YeşiladaPosted on23 September, 2021 Turkish view by Yatirim Finansman Securities: Beware of negative consequences The CBRT stressed that the … Continue ReadingAftermath: Central Bank of Turkey rate cut
Categories Emerging Markets Finance HIGHLIGHTS TL slumps after soaring inflation data, but help is on its way…. Atilla YeşiladaPosted on4 September, 2021 Turkey’s lira fell up to 0.8% on Friday after inflation jumped more than expected and … Continue ReadingTL slumps after soaring inflation data, but help is on its way….
Categories Economy HIGHLIGHTS Mustafa Sonmez: Erdogan plays with fire to spur economic growth Atilla YeşiladaPosted on12 August, 2021 According to BloombergHT and AA Finance polls economists don’t anticipate a rate cut in Thursday’s … Continue ReadingMustafa Sonmez: Erdogan plays with fire to spur economic growth
Categories Economy Finance JP Morgan: Governor Kavcioglu’s hawkish tone reduces the risk of premature easing Atilla YeşiladaPosted on1 May, 2021 By Yarkin Cebeci In the first inflation report briefing of his term, CBRT’s newly-appointed … Continue ReadingJP Morgan: Governor Kavcioglu’s hawkish tone reduces the risk of premature easing