Tag archive for ‘Inflation’
Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017
By Editor On Monday, November 13th, 2017

Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017

As reported by CBT (Central Bank of Turkey) annual inflation is above 10 percent currently which is something the administration would not be very happy about. In fact, it is also stated by the bank that current More...

Fed convenes to make decisions
By Editor On Monday, September 18th, 2017

Markets focus on FED meeting this week and decisions to follow

Global markets focus on the decisions to be made at the weekly meeting of the Federal Reserve’s Open Market Committee (FOMC). It is forecasted that the statements to be made by Fed Chairperson Janet Yellen More...

Important data regarding economy and financial markets to be released this week
By Editor On Monday, September 11th, 2017

Important data regarding economy and financial markets to be released this week

Experts say the economy which recorded a growth of 5 percent in the last quarter is expected to grow by 5.3 percent in this quarter.  The domestic growth for the second quarter will be announced by the authority, More...

By Editor On Friday, August 4th, 2017

Report: A brief outlook of Turkish economy in June 2017

Fitch mentioned in its Global Economic Outlook report for June 2017 that it had raised growth expectations of Turkey for 2017 and 2018 from 2.3 and 1.3 percent to 4.7 and 4.1 percent respectively, taking into consideration More...

By Editor On Monday, July 31st, 2017

President of The Central Bank of Turkey: “Strict stance will continue”

CETINKAYA, the President of the Central Bank of Turkey who made a presentation in the meeting held with the bankers stressed that the risks regarding pricing behaviors were still important. The President of the More...

By Editor On Thursday, November 24th, 2016

Turkey’s Central Bank raises benchmark interest rates by 50 basis points

Turkey’s Central Bank raised its benchmark interest rate by 50 basis points on Nov. 24 in an unexpected move, ordering the first increase in nearly three years, as a skyrocketing U.S. dollar and domestic worries More...

By Editor On Saturday, April 23rd, 2016

Will the new governor make major revisions to the policies of Turkey’s Central Bank

Mr. Murat ÇETİNKAYA who was  appointed the new governor for Turkey’s Central Bank on April 11th 2016 is known to be of Islamic finance background as he worked for Islamic Banks such as Albaraka Turk and Kuveyt More...

By Editor On Thursday, January 28th, 2016

“Putin & Oil”.. An article by Ali Doğan, a former top executive and an opinion leader

Dear Friends, As I wrote months ago, falling oil prices are gradually bringing PUTIN to his knees. Ruble has almost turned into a worthless piece of paper, inflation has skyrocketed, debts have come to a deadlock More...

By Editor On Wednesday, January 27th, 2016

Turkish Central Bank increases inflation forecast rate to 7.5 for 2016

Mr. Erdem Başçı (Central Bank Governor) announced yesterday that the bank had decided to to increase inflation forecast rate for 2016 from 6.5 to 7.5 percent. This way  Central Bank didn’t revise target at More...

By admin On Saturday, November 1st, 2014

Central Bank Governor forecasts 2015 inflation to be 6,1 percent

As Turkey goes through serious political difficulties at its borders with Syria and Iraq and the economy is not comfortable, Turkey’s Central Bank has raised inflation forecasts for this year  and next, citing More...