Barış Balcı

Turkish Central Bank Tightens Screws on Cheap Lira Window Abroad Turkey’s central bank raised the reserve requirement ratios on banks’ short term liabilities abroad in a bid to discourage local banks from seeking cheap lira from offshore markets.

Turkey’s central bank raised the reserve requirement ratios on banks’ short term liabilities abroad in a bid to discourage them from seeking cheap lira from offshore markets.

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Turkish Central Bank Keeps Year-End Inflation Forecast Unchanged Turkey’s central bank kept its year-end inflation forecast unchanged, signaling that its recent move to a tighter monetary stance will continue.

Turkey’s central bank kept its year-end inflation forecast unchanged, signaling that its recent move to a tighter monetary stance will continue.

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Deceleration in Turkey’s Inflation Slows After Market Selloff A deceleration in Turkey’s inflation slowed in April, after a sharp selloff in lira assets triggered by the jailing of key opposition figure Ekrem Imamoglu.

A deceleration in Turkey’s inflation slowed in April, after a sharp selloff in lira assets triggered by the jailing of key opposition figure Ekrem Imamoglu. www.bloomberg.com/news/article...

Turkish Opposition Asks Erdogan If US Approved Rival’s Arrest Turkey’s opposition leader Ozgur Ozel on Sunday challenged President Recep Tayyip Erdogan to say whether he received approval from the Trump administration for the recent arrest of Erdogan’s main riva...

Turkey’s opposition leader Ozgur Ozel on Sunday challenged President Recep Tayyip Erdogan to say whether he received approval from the Trump administration for the recent arrest of Erdogan’s main rival Ekrem Imamoglu

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Turkey’s ‘Concrete Jungle’ Resort Sparks Local Backlash The country has made construction a pillar of economic planning, but local opposition is stalling a tourist development on parkland.

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Turkey Rebounds from Recession at the Onset of Rate-Cut Cycle Turkey emerged from a technical recession in the fourth quarter, bolstering investors’ hopes for stronger growth this year, aided by interest-rate cuts.

Turkey emerged from a technical recession in the fourth quarter, bolstering investors’ hopes for stronger growth this year, aided by interest-rate cuts.
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Jailed Kurd Chief Makes Historic Call to End War With Turkey Kurdish separatist group leader Abdullah Ocalan called on his militants to lay down arms and work toward ending a 40-year war for autonomy against Turkey.

Kurdish separatist group leader Abdullah Ocalan called on his militants to lay down arms and work toward ending a 40-year war for autonomy against Turkey.

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Turkey Raises Minimum Wage 30% For Next Year Turkey raised the minimum wage by 30% for 2025, providing a relief to investors looking for concrete steps to dial back populist policies and commit to curbing one of the world’s highest inflation rat...

Turkey Raises Minimum Wage by 30%, Boosting Rate Cut Chances

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Turkish Prices Rising Faster Than Expected Clouds Rates Outlook Turkish consumer prices rose more than expected last month, suggesting the central bank will start cutting interest rates at a slower pace than anticipated.

While the November headline inflation reading surprised to the upside, the main driver was food prices, which are less responsive to monetary policy. Core inflation trends showed a further slowdown, potentially helping the case for a measured rate cut.

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Interest-Rate Cut Bets Mount With Turkey’s Slowing Inflation Turkey’s consumer prices are increasing at a slower pace, boosting expectations that the central bank might begin cutting interest rates as early as this month.

Turkey’s consumer inflation probably fell to 46.6% in November from 48.6% the previous month, according to the median estimate of analysts surveyed by Bloomberg.

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Turkey’s Economy Slides Into Recession as High Rates Take Toll Turkey entered a technical recession in the third quarter as industrial production plunged, providing more evidence to the central bank as it ponders whether to start cutting interest rates next month...

 Turkey entered a technical recession in the third quarter as industrial production plunged, providing more evidence to the central bank as it ponders whether to start cutting interest rates next month.

www.bloomberg.com/news/article...

Turkey’s Economy Set to Contract For First Time Since Pandemic Turkey’s economy probably contracted on a quarterly basis for the first time since the Covid-19 pandemic as high interest rates start to bite.

Turkey’s economy probably contracted on a quarterly basis for the first time since the Covid-19 pandemic as high interest rates start to bite.

www.bloomberg.com/news/article...