Hakan Kara

Former Central Bank chief economist Prof. Dr. Hakan Kara said recent fund market developments could slow growth and ease inflationary pressures, noting a 100-basis-point rate cut may be preferred at the Central Bank (TCMB) October meeting.…

In an X post, Prof. Dr. Hakan Kara wrote that developments in the fund market would slow economic activity and growth via wealth and liquidity effects, adding he expects a 100-basis-point interest rate cut in October due to easing inflationary pressures.…