The cooling trend could reassure Turkey’s central bank, which held its key rate in May after hiking it in April.

The cooling trend could reassure policymakers at the Turkish central bank, which held its key rate in May after hiking it in April. Annual inflation in June 2024 was at 71.6%, near recent highs. Write ...

Turkey’s consumer price index (CPI) inflation officially stood at 35.05% year on year in June versus 35.41% y/y in May and 44 ...

Turkey’s state energy company BOTAŞ has increased wholesale natural gas prices, with residential consumers facing an average ...

Turkey’s inflation continued its downward trend in June, with lower food costs helping to draw down the rate of rising prices. Consumer prices rose by just 1.4 percent for the month, taking annualised ...

The US appears to be now treading the familiar path that recently got emerging market economy of Turkey into economic trouble. The US is increasingly disregarding central bank independence, ...

Turkey’s government plans to skip a mid-year increase in the minimum wage, according to people with knowledge of the matter, ...

JPMorgan Chase & Co. and Morgan Stanley are advising clients to buy Turkish bonds and the lira, after the postponement of a court ruling on a key opposition figure offered a reprieve from political ...

Wildfires are a global problem that requires a global solution. But as with other critical issues, capitalist governments are ...

We were asked by a journalist yesterday whether we felt the FX market had. After some consideration, we said no. While ...

Turkish authorities on Monday (June 30) detained three people over a satirical drawing published by weekly magazine Leman ...

Central planning thwarts Iran’s economy. Many Iranian government officials blame their nation’s economic demise on Western ...