US economic activity falling in more districts, says Fed's Beige Book
Number of districts reporting flat or declining activity rose from 5 in prior period to 9 in current period, says
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Federal Reserve
No backing down on Türkiye’s ‘ambitious’ inflation goal: Şimşek
Treasury and Finance Minister Mehmet Şimşek on Tuesday vowed that reducing inflation and alleviating related hardships remains the top priority
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IMF chief says Fed should hold interest rates steady until late 2024
ISTANBUL International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Thursday that the US Federal Reserve should hold interest rates
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Turkey Holds Rates First Time Since May as New Chief Takes Over
New Turkish Central Banker Toughens Rate Message With Hikes Over Bloomberg Live news: Turkish central bank halts cycle of rate increases Financial
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Turkey Lira Bets Show Central Bank Expected to Stay Hawkish
Turkey Lira Bets Show Central Bank Expected to Stay Hawkish Bloomberg Source link
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Turkey’s Surprise Central Banker Switch Has Investors Optimistic
Investors who bought into Turkey’s transformation story are unusually optimistic after the shock departure of central bank Governor Hafize Gaye
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US Fed expects 2 more rate hikes in 2023 as terminal rate projection moved up
ISTANBUL US Federal Reserve expects two more rate hikes this year as the central bank moved up its terminal rate
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Fed warns large deposit outflows from US banks may impact credit conditions
Asset valuation pressures, excessive borrowing, high leverage, rapid withdrawal of funds are monitored as vulnerabilities, says Fed Source link
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Turkish Stocks Fall Most in 10 Months, Putting Rally on Hold
Turkish stocks suffered their steepest drop in 10 months, coming off fresh record highs earlier this week, as investors took
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