Steady, As She Holds

Economy Issue #14

Welcome to the last Friday in July. We hope your screens are performing better than these Turkish companies’ did last week after the software crisis. 

And a happy MPC week to all who celebrate: Scroll down to see how markets and analysts reacted to this week’s decision and where the Central Bank policy’s focus has shifted in the aftermath. Hint: it’s liquidity.

In this week’s edition:

1. MPC holds policy rate steady

2. CB takes steps against excess lira liquidity

3. Currency-protected deposit scheme shrinks

4. Market participants optimistic about year-end inflation

5. This week’s stat round-up

Slow and steady also defines the pace of foot traffic in Eminönü. © Diego Cupolo

Slow and steady wins the race: MPC holds policy rate