body {overflow: hidden;} .js-needed-message {position: fixed; z-index: 999; width: 100%; height: 100%; background-color: rgba(0, 0, 0, 0.5); } .js-needed-message p {color: #444; width: 50%; padding: 30px; position: relative; top: 40%; left: 25%; pointer-events: auto; background-color: #fff; background-clip: padding-box; border: 1px solid rgba(0, 0, 0, 0.2); border-radius: 0.3rem; outline: 0; }

Enable JavaScript in your browser to view this website correctly.

Close panel

EN
ES

Compartir RRSS Cerrar RRSS

Published on Friday, June 8, 2018

Turkey | CBRT surprised markets on the upside

The Central Bank (CBRT) hiked the one-week repo rate by 125 bps to 17.75%, clearly above market expectations (BBVA Research 50bps). With the decision, the CBRT reinforces its stance on inflation worries in the short term and takes a solid step to restore credibility against rapidly worsening inflation expectations.

Documents to download

Report (PDF)

Policy-Pulse_Monetary-Policy_Jun2018 English June 8, 2018
- Copy link

Authors

Seda Guler MertBBVA Research - Chief Economist
Adem IleriBBVA Research - Principal Economist
Serkan Kocabas
Alvaro OrtizBBVA Research - Head of Analysis with Big Data

Geographies

Geography Tags
Türkiye

Topics

Topic Tags
Global Economy

Tags

Was this information useful?

Comments

Be the first to add a comment.

You may also be interested in