Central Bank of Turkey sets out its exit strategy

Earlier today the Central Bank of Turkey (CBRT) outlined its exit strategy from the additional liquidity measures it introduced during the economic crisis. These include plans to switch to a new benchmark interest rate. The key point, however, is that any policy tightening will be slow. We continue to expect a first hike in official interest rates in Q3.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access