Central Bank of Turkey
The Central Bank of Turkey may carry out additional monetary tightening "if necessary" as it closely monitors the impact of the latest developments on inflation, pricing behavior and other factors affecting inflation, the bank's Governor Murat Çetinkaya has said.
I learned the basics of America?s favorite pastime only when the Red Sox were on their way to break the Bambino?s curse in 2004. Therefore, I won?t hold it against you if you have never heard of Yogi Berra.
However, the baseball great, who passed away on Sept. 22, was famous for his ?wise? sayings, some of which apply to the Turkish economy really well.
Many Turkey analysts and economists interpreted the U.S. central bank Federal Reserve?s (Fed?s) decision to keep its policy rate on hold on Sept. 17 as something positive for the Turkish economy and assets.
Is it the delay in the imminent policy decision by the Fed, America?s Central Bank? Or is it that in early 2016, Erdem Ba?ç?, the governor of the Central Bank of Turkey, will have ended his term? Which one is worse for the Turkish economy? Let?s weigh the potential impact of each.
Turkey's housing market has become a subject of debate among property market circles, with prices soaring dramatically in recent months. Those who like computer games may be familiar with "Bubble Trouble" - a fun game for children. The mission is to pop all the bubbles in order to advance to the next level.
Consumer confidence in Turkey recovered by 1.5 percent in April from a six-year low in March, with improvements in the probabilities of savings and unemployment expectations, according to the Consumer Confidence Index data released by the Turkish Statistical Institute (TÜ?K) on April 22.
?Highly illogical!? As a response to my latest column, a reader used Mr. Spock?s catchphrase to pay homage to Leonard Nimoy, who passed away on Feb. 27.
Judging by the expectations of economists surveyed by business channel CNBC-e, rate cuts are a given at the Central Bank of Turkey?s Monetary Policy Committee (MPC) rate-setting meeting on Feb. 24.
Eight of the twenty-three analysts surveyed by business channel CNBC-e expect the Central Bank of Turkey (CBT) to cut its policy rate of 8.25 percent at the monetary policy committee?s rate-setting meeting on Jan. 20.