policy rate

İmamoğlu effect: Turkish Central Bank raised policy rate to 46 pctİmamoğlu effect: Turkish Central Bank raised policy rate to 46 pct

İmamoğlu effect: Turkish Central Bank raised policy rate to 46 pct

With a surprise decision, the Central Bank (CBRT) Monetary Policy Committee (MPC) raised the policy rate by 350 basis points…

2 weeks ago
The devil lies in the details: The actual policy rate in Türkiye is not 42.5The devil lies in the details: The actual policy rate in Türkiye is not 42.5

The devil lies in the details: The actual policy rate in Türkiye is not 42.5

This article is one of the most challenging ones that I have written for a newspaper or any other media…

1 year ago
Turkish Central Bank increases policy rate to 35 percentTurkish Central Bank increases policy rate to 35 percent

Turkish Central Bank increases policy rate to 35 percent

The Monetary Policy Committee of the Central Bank of the Republic of Türkiye (CBRT) raised policy interest rate by 500…

2 years ago
CBRT ups policy rate to 15 percent but no “rational ground” yetCBRT ups policy rate to 15 percent but no “rational ground” yet

CBRT ups policy rate to 15 percent but no “rational ground” yet

After 27 months of stagnant rates, the Monetary Policy Committee of the Turkish Central Bank (CBRT) finally announced on June…

2 years ago
Turkish Central Bank raises interest rate to 15Turkish Central Bank raises interest rate to 15

Turkish Central Bank raises interest rate to 15

The Central Bank of the Republic of Turkey (CBRT) raised the policy rate to 15 percent on June 22 after…

2 years ago
The reason behind the calmness in the foreign exchangeThe reason behind the calmness in the foreign exchange

The reason behind the calmness in the foreign exchange

The dollar exchange rate has been relatively calm for about four months (Figure 1). It comes to mind to question…

2 years ago
CBRT cuts policy rate 100 basis points to 12 percentCBRT cuts policy rate 100 basis points to 12 percent

CBRT cuts policy rate 100 basis points to 12 percent

The Central Bank of the Turkish Republic (CBRT) lowered the policy rate further 100 basis points from 13 percent to…

3 years ago
CBRT’s policy rate cut: Pointless move that brings no economic gainCBRT’s policy rate cut: Pointless move that brings no economic gain

CBRT’s policy rate cut: Pointless move that brings no economic gain

The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) convened on August 18 and lowered the…

3 years ago