The CBRT displays a more hawkish tone
Published on Thursday, October 26, 2017
The CBRT displays a more hawkish tone
Summary
The CBRT keeps its interest rate corridor parallel to market consensus. The hawkish tone is preserved as the Bank continues to find both headline and core inflation outlook alarming over pricing behavior and tries to clarify its roadmap over the maintenance of the tight stance. We expect the CBRT to wait for some more room for monetary easing.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Tags
- Tags
- Inflation
- Monetary policy
Authors
Seda Guler Mert
BBVA Research - Principal Economist
Asuman Kemiksiz
Documents and files
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