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1 – 10 of 52Although the central bank has increased interest rates substantially since June 2023, the effects on economic activity and inflation have been limited. Prices and policy…
The initiative follows the passage of a new monetary and banking law in June that enhanced the central bank’s independence, which included authorisation for it to introduce…
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DOI: 10.1108/OXAN-DB282995
ISSN: 2633-304X
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TURKEY: Banking sector outlook improves
TURKEY: Monetary policy could pivot towards orthodoxy
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DOI: 10.1108/OXAN-ES279677
ISSN: 2633-304X
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TURKEY: Economic orthodoxy will bring short-term pain
The statement implies that a return to economic orthodoxy is likely, following two years of unorthodox policies built around Erdogan’s preference for low interest rates. The…
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DOI: 10.1108/OXAN-DB279817
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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Prospects for Turkey in 2023.
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DOI: 10.1108/OXAN-DB274062
ISSN: 2633-304X
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Geographic
Topical
TURKEY: Inflation will rebound in second half of 2023