Real interest rate
Banks to switch to inflation accounting from 2025
Türkiye's banks and other financial institutions will start applying inflation-adjusted accounting next year, the Banking Regulation and Supervision Agency (BDDK) has announced.
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Central banks should not rule out negative rates: IMF
Central banks around the world should not discard negative interest rates policies (NIRP) but instead keep them in their toolkit, even if using such policies is unlikely, the IMF suggested on March 3.
"NIRP was and remains politically controversial, partly because it is often misunderstood," the global financial body stressed in a new report.
You Can Get 20-Year 0 Percent Mortgages in Denmark
Denmark has longest history of a country with negative central bank rates is offering homeowners 20-year loans at a fixed interest rate of zero.
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US Fed raises benchmark interest rate amid strong economy
With the United States economy still strong, the Federal Reserve raised the benchmark interest rate on Sept. 26 for the third time this year but showed no indication it would be more aggressive in efforts to head off inflation.
Turkish lira weakens after Central Bank's unexpected rate move
The Turkish Lira slumped after Turkey's Central Bank held interest rates unchanged in an unexpected move, as the bank had been expected to lift rates following the rate hike move from the U.S. Federal Reserve (Fed).
The lira weakened to 2.9474 against the U.S. dollar after the bank's rate decision, while it had been trading around the 2.91 level before the meeting.
The jaw-dropping profits of Istanbul housing
Turkish Statistical Institute (TÜ?K), each month announces the returns for investments; the yields are calculated net of inflation and are shown as net profits or losses.
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Governor Isarescu: BNR set to secure positive real-interest on bank deposits
The National Bank of Romania (BNR) is designing monetary policy decisions that, among other things, will secure positive real interest rates on bank deposits, BNR Governor Mugur Isarescu said Wednesday.
Photo credit: (c) Angelo BREZOIANU / AGERPRES PHOTO
The slight fall in inflation not enough to lower interest rates
The Central Bank is not expected to change the interest rates in todayâs last annual Monetary Policy Committee (PPK) meeting. Despite the expectation of a fall in inflation rates, markets are not predicting that the Central Bank will lower interest rates soon.
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.
Domestic sales contracting amid Central Bank’s interest moves
With the decrease in domestic demand, particularly in the housing, houseware and automotive sectors, the pressure on the Central Bank for interest rate reduction will remain effective There has been an apparent stagnation in the markets and even a recession in sales, and recent economic statistics confirm this recession.