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Erdogan Continues to Support Economic Program, Party Spokesperson Says

TURKEY
  • AK Party Spokesperson Omer Celik said, “Some speculations about the economic program […] are frequently circulated on social media. Our President has full support for the economic program. "We trust our economic management in this regard," he said.” The comments were cited by Dunya newspaper.
  • Commenting on the March 31 election results, President Erdogan said, “We’ll interpret the voters’ message correctly, fix the problems and get back on the road. We’ll make the necessary changes. It’s not over until we say it’s over.”
  • 12-month ahead inflation expectation data for April is on the docket tomorrow (Prior: +36.70%) as attention turns to the CBRT meeting next week (April 25). Yesterday, Governor Karahan explicitly said “the hiking cycle is over”, contrasting the March policy statement which left the door open to additional hiking as necessary.
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  • AK Party Spokesperson Omer Celik said, “Some speculations about the economic program […] are frequently circulated on social media. Our President has full support for the economic program. "We trust our economic management in this regard," he said.” The comments were cited by Dunya newspaper.
  • Commenting on the March 31 election results, President Erdogan said, “We’ll interpret the voters’ message correctly, fix the problems and get back on the road. We’ll make the necessary changes. It’s not over until we say it’s over.”
  • 12-month ahead inflation expectation data for April is on the docket tomorrow (Prior: +36.70%) as attention turns to the CBRT meeting next week (April 25). Yesterday, Governor Karahan explicitly said “the hiking cycle is over”, contrasting the March policy statement which left the door open to additional hiking as necessary.