Matt
@mattphifer.bsky.social
Yes, and given his investments in housing construction (PulteGroup and much more), major personal stake in lower rates
August 30, 2025 at 5:56 PM
Yes, and given his investments in housing construction (PulteGroup and much more), major personal stake in lower rates
Also, guess when they finally decided to raise rates? After Erdogan's reelection in 2023.
Despite 72% inflation in 2022, rates were kept in the 8-15% range under CBRT Governor Şahap Kavcıoğlu.
We can expect the same politicized monetary policy before the next Turkish elections (perhaps 2027).
Despite 72% inflation in 2022, rates were kept in the 8-15% range under CBRT Governor Şahap Kavcıoğlu.
We can expect the same politicized monetary policy before the next Turkish elections (perhaps 2027).
July 18, 2025 at 4:26 PM
Also, guess when they finally decided to raise rates? After Erdogan's reelection in 2023.
Despite 72% inflation in 2022, rates were kept in the 8-15% range under CBRT Governor Şahap Kavcıoğlu.
We can expect the same politicized monetary policy before the next Turkish elections (perhaps 2027).
Despite 72% inflation in 2022, rates were kept in the 8-15% range under CBRT Governor Şahap Kavcıoğlu.
We can expect the same politicized monetary policy before the next Turkish elections (perhaps 2027).