Open market operation
Şimşek meets with investors in Spain
Treasury and Finance Minister Mehmet Şimşek has held a meeting in Spain with representatives of Spanish companies and the finance industry.
"Our international investor meetings continue in Spain," Şimşek wrote on the social media platform X, formerly Twitter.
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Eurostat: Annual Inflation in the Eurozone Fell to 8.5% in January
Annual inflation in the Eurozone fell to 8.5% in January, according to Eurostat's preliminary data. This is the third month in a row that inflation has slowed.
The data comes ahead of the European Central Bank's first key meeting of the year. Later in the day, the Federal Reserve in the United States is expected to announce another interest rate hike.
Fed set for further steep rate hike as recession fears loom
The U.S. Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week as it battles surging costs, with its aggressive stance fueling expectations of a recession.
American households have been squeezed by soaring consumer prices, propelling economic issues to the top spot among voter concerns in upcoming midterm elections.
Central Bank to meet for rate decision
The Central Bank's Monetary Policy Committee is set to meet tomorrow to consider the key policy rate.
The meeting will take place after President Recep Tayyip Erdoğan said that interest rates should come down to single digits by the end of the year.
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Fed gears up to attack inflation as US recession fears grow
The Federal Reserve this week is set to redouble its assault against record U.S. inflation while facing an array of shocks both internal and external that analysts fear may one day put the world's largest economy into a recession.
Central Bank unveils new measures on COVID-19
The Central Bank of Turkey (CBRT) on March 31 introduced new measures to limit the economic fallout from the novel coronavirus pandemic.
The steps aimed to back monetary transmission mechanisms, banks' flexibility in liquidity management, uninterrupted credit flows to the corporate sector, and firms exporting goods and services.
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Axia sees investment grade for Greece in 2020
Axia Research considers it very possible that Greece will secure the coveted investment grade as early as this year, likely toward the end of 2020, as the political risk has been minimized and positive catalysts are expected in the economy.
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Turkish Central Bank moves to back liquidity management
The Central Bank of Turkey (CBRT) on June 17 decided to provide primary dealer banks with a liquidity facility within the framework of open market operations.
Turkey’s Central Bank keeps key rate unchanged at 24 percent
The Central Bank of Turkey has kept its policy rate (one-week repo auction rate) unchanged at 24 percent as widely expected.
ECB Says Euro Zone Banks Well Prepared For Rate Shocks
Euro zone banks are well prepared for sharp changes in interest rates, the European Central Bank said on Monday after simulating scenarios from sudden monetary tightening to the lending freeze that followed Lehman Brothers' collapse, reported Reuters.