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2nd Inflation Report Information Meeting will be held on April 30
The Central Bank of the Republic of Turkey, 2020 announced the first Inflation Report on 30 January 2. If the information meeting will take place
Yazar: Zack Smith
Yayınlanma: 24 Nisan 2020 22:23
Güncellenme: 14 Kasım 2024 12:40
2nd Inflation Report Information Meeting will be held on April 30
The Central Bank of the Republic of Turkey, 2020 announced the first Inflation Report on 30 January 2. If the information meeting will take place from the social media platform, announced on 30 April. Central Bank of the Republic of Turkey announced on the official site explains, “Within the scope of protective measures taken due to the Covid-19 outbreak, Inflation Report 2020-II Information Meeting will be held on April 30, 2020, in a virtual environment. President Murat Uysal will make a presentation at the meeting. The meeting will be broadcast live on our website, the bank's official Twitter and YouTube accounts. ” expressions were included. At the information meeting on January 30, “The recovery trend in economic activity continues. With inflation expectations and the improvement in the country risk premium, long-term interest rates decline and domestic demand gains strength, investment signals and signs of recovery in the labor market are increasing. The current account balance, which has improved significantly recently, is expected to follow a moderate course in the coming period with the contribution of the measures taken. Indicators regarding the trend and pricing behavior indicate that the moderate trend in the main trend of inflation was maintained in the last quarter. The general improvement in inflation expectations continues. The monetary stance will continue to be determined to ensure the continuity of the fall in inflation. The weak outlook in global economic activity continued in the third quarter of 2019. Protectionism measures in global trade and decreasing uncertainties regarding Brexit have limited positive expectations for the global economic outlook. While the global risk appetite remained positive, the supportive monetary policy stance in developed countries allowed developing countries to take similar steps. ” statements highlighted positive events such as high global risk appetite, low-risk premium in the country, and a decline in 10-year bond interest and current account deficit. However, the global economy has come to a standstill since the coronavirus epidemic has had an intense impact on the country and in the world since March. While record decreases occurred in the USA and Europe, risk premium, bond interest rates, and exchange rates increased domestically, while exports also decreased recently. Coronavirus outbreak of all economic balances end of expectations years by the top and bottom of the well-turned negative, and inflation in the Republic of Turkey Central Bank in this process, in the CDS and the current account deficit descriptions and determination to be followed in the meeting which will be held on 30 April.İLGİLİ HABERLER
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