Turkey’s economic activity is accelerating as the central bank continues to ease monetary policy through lower interest rates. The move follows a period of tight financial conditions aimed at curbing inflation, but recent data suggest that reduced borrowing costs are stimulating consumer spending and business investment. Analysts note that while inflation remains elevated, the downward adjustment in rates has provided a boost to domestic demand. The government’s strategy appears to be shifting toward supporting growth, even as it navigates the risks of price instability. This renewed economic momentum marks a notable shift from earlier stagnation, though long-term sustainability will depend on balancing expansion with inflation control.
— news from The Wall Street Journal
— News Original —
wsj.com
Turkish Economy Picks Up Pace Amid Easing Interest Rates The Wall Street Journal