Industrial production seems to have left behind the trough. The answer to the question to which extent the economy has overcome the trough is "so...
The new monetary policy makes me question whether the CBT is aiming to gradually weaken the short-term interest rate tool. From 2002 to the late...
During 2011, the difference became close to zero. In the last couple of months, however, the two indicators started to differentiate again. I...
If Turkey wants to take more efficient measures against unemployment in rainy days; it has to create a larger room to maneuver in advance. Emin...
If you comment so much on the exchange rate, you will be stuck in a difficult position when circumstances change. I have been chattering about...
Markets are looking ahead to the meeting Fed President will be holding with a group of central bankers and academics. All eyes were on FED...
In periods when risk appetite decreases, central bank officials should not comment on the exchange rate. I have been arguing that in the current ...
In the current milieu of high uncertainty, the CBT must refrain from implying preference for a certain level of exchange rate. It is for sure...
It is useful to spare some part of budget revenues in good days, considering rainy days ahead. I was talking about the budget burden of the...
In countries like Turkey, the officials of central banks had better not comment on exchange rate or imply a certain level. In countries like...