Close panel

    Searcher
    Adem Ileri
    Adem Ileri
    BBVA Research - Principal Economist

    Adem Ileri works as a Principal Economist at Garanti BBVA since January, 2018. His main responsibility is making macroeconomic analysis of Turkey.

    He hold both BA and MSc degrees in Economics from Middle East Technical University (METU), Ankara. Before joining Garanti Bank, he worked as a Research Assistant at METU and as a Specialist in Economic Research Unit at Turk EximBank (Export Credit Bank of Turkey).

    Latest publications

    April 25, 2024

    Türkiye | CBRT kept policy rate at 50%
    The CBRT kept the policy rate constant at 50% in line with market expectations. We expect the CBRT to remain tight for longer on high inflation expectations, which would start a sustained path to unwind current regulations and exit from the FC protected scheme to strengthen the monetary transmission mechanism.

    Share Other tools

    April 3, 2024

    Türkiye | Inflation trend fell only limitedly

    Consumer prices rose by 3.16% (68.5% y/y) in March, lower than both our expectation and consensus (3.5% and 3.6%, respectively). We expect annual consumer inflation to reach 45% by 2024 end under the assumption of 3.5% GDP growth in 2024, gradual currency depreciation and continuing demand restrictive policies.

    Share Other tools

    March 21, 2024

    Türkiye | Positively surprising hike from the CBRT

    The Central Bank (CBRT) surprised the markets and hiked the policy rate by 500 bps to 50%. They promised to tighten the stance further according to the inflation outlook and support the monetary transmission mechanism in case of unanticipated developments in credit growth and deposit rates.

    Share Other tools

    See more