Hakan Kara: Likelihood of Central Bank rate cut in October has increased
Former Central Bank chief economist Prof. Dr. Hakan Kara said recent fund market developments could slow growth and ease inflationary pressures, noting a 100-basis-point rate cut may be preferred at the Central Bank (TCMB) October meeting.
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- Hakan Kara: Likelihood of Central Bank rate cut in October has increased Former Central Bank chief economist Prof. Dr. Hakan Kara said recent fund market developments could slow growth and ease inflationary pressures, noting a 100-basis-point rate cut may be preferred at the Central Bank (TCMB) October meeting.
- Hakan Kara: Growth in the fund market could slow economic expansion In an X post, Prof. Dr. Hakan Kara wrote that developments in the fund market would slow economic activity and growth via wealth and liquidity effects, adding he expects a 100-basis-point interest rate cut in October due to easing inflationary pressures.