There are several ways to harmonize the policy tool devoted to ensure financial stability and to ensure price stability. Now it’s finally time for...
In order to ensure that the macro-prudential tool serves its purpose, the CBT is allowing the policy rate lose its influence as a policy tool. On...
If the steps taken to launch the reserve requirement policy had not disturbed the policy rate mechanism, we would not have cared about this...
The policy rate and the macro-prudential policy tool shall counteract each other in order to prove fruitful. Here is the third commentary of the...
It would be a rational expectation that as real interest rate increases, consumption and investment expenditures, that is, demand and production,...
How can we rearrange the pre-crisis monetary policy to guard financial stability as well as price stability? My recent commentaries about monetary...
We need to consider options to transfer certain powers of the Banking Regulation and Supervision Agency to the Central Bank. According to a story...
S&P has cut sovereign ratings of many Eurozone countries. Currently, ratings of three Eurozone countries are lower than that of Turkey. The new...
European banks in deficit should not choose to close the capital gap by cutting credit supply steeply for Turkey to enjoy easy access to foreign...
The first conclusion these figures lead us to is that industrial production did not slow down in November 2011. Industrial production figures for...