A focused study group for the discussion of economics and economic policy.
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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
27710 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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>"The rapid devaluation of Turkey’s lira is rippling throughout the country’s private sector."
>"The rapid devaluation of Turkey’s lira is rippling throughout the country’s private sector."
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>"Turkey's central bank intervened on the foreign exchange market to try and keep the country's currency from tanking."
>"Turkey's central bank intervened on the foreign exchange market to try and keep the country's currency from tanking."
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"President Erdogan has taken control of the economy and pushed lower interest rates as the currency plunges. Turks have been lining up for subsidized bread and cutting back on meat."
"President Erdogan has taken control of the economy and pushed lower interest rates as the currency plunges. Turks have been lining up for subsidized bread and cutting back on meat."
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>"For second time this week, Turkey’s central bank sold precious US dollar reserves to stem lira’s slide to record low."
>"For second time this week, Turkey’s central bank sold precious US dollar reserves to stem lira’s slide to record low."
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"Turkey’s currency crisis spills over into opposition-held Syrian city that adopted the lira more than a year ago."
"Turkey’s currency crisis spills over into opposition-held Syrian city that adopted the lira more than a year ago."
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>"For many of us, tomorrow is Thanksgiving. That means a full day of cooking followed by 30-40 minutes of overeating with friends and loved ones. Like millions of _...Read More_
>"For many of us, tomorrow is Thanksgiving. That means a full day of cooking followed by 30-40 minutes of overeating with friends and loved ones. Like millions of _...Read More_
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"Contrary to most economists, President Erdoğan has long believed that raising interest rates increases inflation."
"Contrary to most economists, President Erdoğan has long believed that raising interest rates increases inflation."
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>"The Turkish president is at war with the markets."
>"The Turkish president is at war with the markets."
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"Turkey's deepening currency crisis shows how not to conduct exchange-rate policy, writes Desmond Lachman of the American Enterprise Institute."
"Turkey's deepening currency crisis shows how not to conduct exchange-rate policy, writes Desmond Lachman of the American Enterprise Institute."
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Turkey’s central bank announced a bigger-than-expected interest rate cut on Thursday – marking the latest in a string of policy moves that have seen investors punish the lira and economists warn of even more inflation pain for Turkish _...Read More_
Turkey’s central bank announced a bigger-than-expected interest rate cut on Thursday – marking the latest in a string of policy moves that have seen investors punish the lira and economists warn of even more inflation pain for Turkish _...Read More_
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>"Lira rallies after central bank left its benchmark interest rate unchanged."
>"Lira rallies after central bank left its benchmark interest rate unchanged."
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Thanks for posting [@benten](/user/profile/benten) Yes the Turkish lira still looks doomed imo. One I'm keeping an eye on for sure, especially considering the geopolitical implications for that part of the world as Turkey is a huge player in its geographical _...Read More_
Thanks for posting [@benten](/user/profile/benten) Yes the Turkish lira still looks doomed imo. One I'm keeping an eye on for sure, especially considering the geopolitical implications for that part of the world as Turkey is a huge player in its geographical _...Read More_
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"Depending on whom you ask, inflation is either around 17% or 40%."
"Depending on whom you ask, inflation is either around 17% or 40%."
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The Monetary Policy Committee held its one-week repo rate at 19% as forecast by all 21 analysts surveyed by Bloomberg. Turkish inflation accelerated faster than all estimates in June due to rising global commodity prices and the easing of _...Read More_
The Monetary Policy Committee held its one-week repo rate at 19% as forecast by all 21 analysts surveyed by Bloomberg. Turkish inflation accelerated faster than all estimates in June due to rising global commodity prices and the easing of _...Read More_