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BBCNEWS World July 4, 2024 - Vimarsana News

BBCNEWS World July 4, 2024

Not in line. What the bank is doing is looking back at inflation, but forward at what this Rate Decision may influence in terms of behaviour. I think, from last Bank Of England became, where they moved a 50 basis points, that was taken as a really big jump in rates. Since that decision, we have seen some improvement in inflation numbers. There were still some calming for a 50 basis point change, but i think that this was more of the consensus. As you say, the balance between trying to get inflation under control, because lets not forget, that also makes people poorer in the long run, and also,...

BBCNEWS World Business Report June 4, 2024 13:35:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 13:35:00

Interest rate and the inflation. it shows that the real interest rate is the difference between the interest rate and the expected inflation. however, that is worse, because the central bank recently predicted that it expected 58%. so, on the other side, it is a big increase from the previous trend, after winning the election, erdogan replaced the central bank and minister of finance, and a whole team of orthodox economists, and they are now leading turkey. so, we can expect, still, more increases in the interest rate, and more to come, possibly on the fiscal side. turkey ass set possibly on t...