Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe
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.
Kara added that he did not consider it appropriate to comment on the fund crisis, noting that professionals were more competent in this matter. He stated that he assessed the economic implications as a macroeconomist.
TSL
