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Turkey's Mega Hike Has Most Analysts Cheering, Asking for More.
In: Bloomberg.com, 2023-08-25, S. N.PAG
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Zugriff:
The central bank, led by Governor Hafize Gaye Erkan and a new lineup of monetary officials, raised the benchmark one-week repo rate to 25% from 17.5%, far beyond the 20% predicted in a Bloomberg survey of analysts. "That said, to proxy for the tightness of domestic financial conditions we remain more focused on deposit rates, rather than the repo rate." (Bloomberg) -- The Turkish central bank's unexpectedly hawkish interest-rate hike sparked a rally in the country's assets on Thursday. [Extracted from the article]
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Turkey's Mega Hike Has Most Analysts Cheering, Asking for More.
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Autor/in / Beteiligte Person: | Ozsoy, Tugce |
Zeitschrift: | Bloomberg.com, 2023-08-25, S. N.PAG |
Veröffentlichung: | 2023 |
Medientyp: | serialPeriodical |
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