Central Bank of Turkey
Consumer confidence rebounds from 6-year lows
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.
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Why are Turkish politicians incompetent?
?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.
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Justifying tomorrow's rate cut
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.
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The last central bank bender
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.
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Current account deficit exceeds expectations in November
Turkey's current account deficit increased by 34 percent year on year to $5.64 billion in November 2014 following months of decline, according to data released by the Central Bank of Turkey Jan. 13.
Turkish inflation reaches 9.5 percent in August, rising above expectations
Turkeyâs inflation rate rose above expectations again by climbing to 9.54 percent in August, dashing hopes of attaining its expected year-end target.
‘Should’ monetary policy
On my first day on the job as a market economist in 2006, my boss, an economics Ph.D. who had worked at the World Bank and the Central Bank of Turkey before joining the ranks of finance, pulled me aside to explain the difference between academic and market economists.
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