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...

A country without fast broadband will raise losers without professions, instead of manufacturing a domestic car. Turkey still lags behind in terms...

If the steps taken to launch the reserve requirement policy had not disturbed the policy rate mechanism, we would not have cared about this...

It has become an urgent matter of debate that some parts of society are deprived of the benefits of the world. These days we need to protect the...

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...

  The agenda is changing with dizzying speed in Turkey, but there are unchangeable issues, like the Kurdistan Workers’ Party (PKK) question....

Lack of a sufficient subway system has a role in the low rate of employment among women. Turkey’s economic agenda is quite poor nowadays. Why? I...

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...