Turkey recap

Turkey recap

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The Rate Divide
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Economy

The Rate Divide

Economy Issue #25

Azra Ceylan's avatar
Azra Ceylan
Oct 25, 2024
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The Rate Divide
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Welcome to the last week of October, where each day of the week has given us a piece of history-making news in Turkey. 

As the country seems to have entered the Twilight Zone, the talk around interest rates has followed in hot pursuit, doing a 180 with IMF commentary. 

But before we dive into this week’s insights, we’re celebrating Turkey recap’s five-year anniversary! To show our gratitude for your stalwart support, we have gifts! For the next two days, we are giving our readers a 25 percent discount on a yearly subscription and have slashed prices on Turkey recap merch. 

Without your support, all of this wouldn’t be possible. Thanks again! Now let’s get into the numbers.

In this week’s edition:

  1. Mixed messages on interest

  2. Inflation talk and tax woes

  3. FDI with a $$$

  4. This week’s stat round-up (with fresh Q3 results!)

IMF Managing Director Georgieva and Finance Min. Şimşek met on Oct. 24. © X

The hypothesizing game: Mixed messages on interest

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