» Turkey’s Central Bank: Tightening or Easing? Decision Economics

Turkey’s Central Bank: Tightening or Easing?

Posted March 28, 2012 by CLeahey

[private]

  • Despite the tactical tightening move by the TCB, the framework for policy easing is intact, and the current direction of the key variables suggests that policymakers will, in a stop-and-go and irregular fashion, end up moving borrowing costs lower in the Turkish economy.

 

3-28-12–EMG INDICATORS AND INSIGHTS (Turkey’s Monetary Policy)[/private]