Mathematical finance

Turks will likely witness an extension of loan terms after a series of interest rate cuts by almost all banks, according to a leading banker, who noted that lenders would continue to support the economy.

The Athens stock market had a day of high volatility on Tuesday on various rumors about the outcome of the all-important talks between the government and the country's creditors, with the benchmark eventually managing to inch up just shy of 600 points, having seen prices drop considerably earlier in the day.

Yi?it Bulut, an advisor to President Recep Tayyip Erdo?an, said on April 25 that he expects interest rates to continue to fall in the coming period. 

He also said he thinks that capital inflows will accelerate the decline in interest rates, in an interview on state broadcaster TRT Haber. 

Turkish Deputy Prime Minister Mehmet ?im?ek has said those who say interest rates are high are right, but the main problem is how to reduce rates without creating permanent problems.

Turkish Deputy Prime Minister Mehmet ?im?ek has said those who say interest rates are high are right, but the main problem is how to reduce rates without creating permanent problems.

Turkey's Central Bank may cut its overnight lending rate next week, despite stubbornly high inflation and a volatile lira, an advisor to President Recep Tayyip Erdo?an said on March 17.

Advisor Cemil Ertem said markets were expecting the Central Bank to keep rates on hold at its meeting next week, but there was also the chance of a rate cut.

The U.S. economy could suffer, with inflation remaining too low, if recent volatility in financial markets persists and signals a slowdown in the global economy, the Federal Reserve's second-in-command said on Feb. 1.

The Bank of Japan on Jan. 29 said it will charge lenders that leave too much cash on idle deposit with it, introducing a negative interest rate policy for the first time as it seeks to shore up a stumbling economic recovery.

US Federal Reserve has moved to its first interest rates increase since 2006.

The move takes the range of rates banks offer to lend to each other overnight – the Federal Funds rate – to between 0.25% and 0.5%, as BBC reports.

Global markets are being determined by expectations related to the U.S. Federal Reserve Fed?s rate decision. Because of the expectation that rate hikes will be delayed for a while, emerging countries? local currencies, including the Turkish Lira, are gaining value against the dollar and the euro.