February inflation helps Central Bank gain time

Because of expectations that the U.S. Federal Reserves (Fed) will delay rate hikes and the European Central Bank will lower rates, an optimistic atmosphere is dominant in global markets. When small scale drops in the inflation rate are added to this, then we see that this atmosphere is also dominant in domestic markets.
 
Recent developments have provided backing for the Central Bank in its long-term "inactive attitude in interest rates." In other words, nobody knows how long this will continue but the inflation rate of February seems to have given time to the Central Bank to maintain this attitude. 

Thus, it is considered certain that at the March meeting of the Monetary Policy Board (PPK) of the Central Bank, there will be no change in interest rates. While it is known that the Central Bank has been constantly delaying the simplification step it will take in the interest rate corridor application, recent developments are seen as excuses for new delays.  

When viewed from another angle, Central Bank President Erdem Ba?ç?, who has preferred to remain inactive in interest rates for the last term, will remain immobile also in March and finish his term in office. The PPK meeting in April will be held after Ba?ç?'s term expires on April 19. 

At this point, the only exemption is in the case an appointment is not made on time to replace Ba?ç?; then he will have to remain in office until the new president arrives. In this case, he may preside over the PPK meeting in April but even so, it is assumed that he will shy away from taking any concrete steps. 

Taking into consideration the facts above, it is expected that Ba?ç? will definitely not be re-appointed. This is because lobbies in Ankara are signaling that President Tayyip Erdo...