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1 – 10 of 15However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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TURKEY: Bank profitability will fall next year
The stability of the lira since June 2022 is primarily a result of President Recep Tayyip Erdogan’s government shoring up the currency despite cutting interest rates. The…
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DOI: 10.1108/OXAN-DB275967
ISSN: 2633-304X
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TURKEY: Inflation will rebound in second half of 2023
Emerging market asset gyrations.
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DOI: 10.1108/OXAN-DB233800
ISSN: 2633-304X
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However, serious concerns remain about the credibility of Turkey's Central Bank (CBRT), whose refusal to mount an interest rate defence of the lira accentuates the risks posed by…
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DOI: 10.1108/OXAN-DB206415
ISSN: 2633-304X
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Geographic
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CEE markets' resilience to China-induced sell-off.
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DOI: 10.1108/OXAN-DB203039
ISSN: 2633-304X
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Markets have taken badly the Fed's more hawkish policy guidance for 2017, not expecting such a shift in monetary policy so soon. The shift in US monetary policy comes just as the…
Prospects for emerging economies in 2016.
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DOI: 10.1108/OXAN-DB206634
ISSN: 2633-304X
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Geographic
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The CBRT is expected to respond at its regular monthly interest rate-setting meeting to the fall in inflation in January to 7.2%. However, while the nearly 50% slide in oil…