Published on Thursday, October 25, 2018
Turkey | The CBRT stays on hold
Summary
The Central Bank (CBRT) left its policy rate (one-week repo, 24%) unchanged in line with the consensus (vs. our expectation of 100bps hike). The press release after the decision is almost the same with the previous one, except for the stress over the slow-down in economic activity “partly due to tighter financial conditions”.
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- Türkiye
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- Macroeconomic Analysis
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Authors
AI
Adem Ileri
BBVA Research - Senior Economist
SK
Serkan Kocabas
SG
Seda Guler Mert
BBVA Research - Principal Economist
�O
Álvaro Ortiz
BBVA Research - Head of Analysis with Big Data