Interest rates

Erdo?an's aide says Turkish Central Bank may cut rates next week

Turkey's Central Bank may cut its overnight lending rate next week, despite stubbornly high inflation and a volatile lira, an advisor to President Recep Tayyip Erdo?an said on March 17.

Advisor Cemil Ertem said markets were expecting the Central Bank to keep rates on hold at its meeting next week, but there was also the chance of a rate cut.

The Fed interest rate that came with the winter chill

The lack of appetite in foreign capital, which has caused a big loss in value against the dollar in the past 2.5 years, cannot be explained by the Fed rate aloneIt was 2.5 years ago, in mid-2013, that then-U.S. Central Bank Fed Chair Ben Bernanke gave the signal that interest rates would be increased. His successor, Janet Yellen, finally did what needed to be done.

Fed rate hike to underscore US strength, but emerging markets, including Turkey, face risks: Moody's

A potential increase in short-term interest rates by the Federal Reserve (Fed) after this week's FOMC meeting would confirm that the U.S. economic expansion remains on track, but higher rates could bring risks to some emerging market sovereigns, said Moody's Investors Service in a note on Dec. 14

Eyes on Fed amid nagging worries

After a long buildup that stirred waves of turbulence in global markets, the Federal Reserve finally is expected to end its seven-year crisis stance with an interest rate increase on Dec. 16.

Most bets are that the Fed will increase the benchmark federal funds rate for the first time in nearly a decade, signaling confidence in U.S. economic growth even as the rest of the world sags.

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