Inflation continues to rise, domestic demand continues to fuel inflationary pressures, economic risks from abroad, under-content reform packages and mounting pressures on TL, central bank president Naci Ağbal is on target for Yeni newspaper Şafak, close to the government.
Another factor that isolates Naci Ağbal is that, in the statements made by President Erdoğan to the Anadolu Agency this morning, on the 24th (March 24 of the AKP Congress), you give this brother the authority, then you will see how to deal with this interest, this and this to be.
We share Yeni Şafak’s interest rate hike comments below.
The Central Bank’s Monetary Policy Committee (PPK), which ignored the voices of 83 million citizens who opposed the high interest rate, raised the interest rate by 200 basis points to 19 percent. The Central Bank raised interest rates by a total of 875 basis points in the last five months, with an increase of 200 basis points yesterday after the increase of 675 basis points made in two stages in November-December 2020. 10.25 percent with a 19 percent interest policy issued to Turkey, fell to the seventh country in the world in which more interest.
ON BEHALF OF THIS OPERATION
- The 200 basis point increase in the interest rate, which was even higher than the market expectation, was an increase that could not be explained for economic reasons. Closing 1.8 percent growth in 2020, despite major difficulties in the managed process, Turkey’s pandemic is expected to register growth in the 5-6 percent band this year. However, achieving this growth target was even more difficult due to high interest rates. The Central Bank of Turkey to curb the growth of this operation wonders for what purpose and on whose behalf the check.
VUR-KAÇÇILAR FOUR CORNERS
Unfortunately, interest groups were the only winners from the high interest rate, which is the biggest obstacle to production, investment and employment and slows the gears of the economy. Hot money holders who make money off money, who are also defined as “run over” in the markets and who are predominantly based in London, seek high incomes to enter countries.