Free Trial

Summary of CBRT Policy Meeting Provides Little New

TURKEY

Turkish central bank publishes the summary of their March 18th meeting (which took place two days prior to the removal of the governor of the central bank), but provides few new details:

  • Domestic demand, FX impact affecting the inflation outlook
  • Says it carried out front-loaded, strong extra tightening by raising rates 200bps
  • A tighter stance is a buffer against external vulnerabilities
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.