A Perfect Storm for Turkish Economy | Real Turkey |
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The Perfect Storm for the Turkish Economy
• Real Turkey presents its Turkey spring forecasts • 1Q witnessed a slow but steady deterioration in economic fundamentals • 2Q could see the economy enter stagnation • The big mistake at home: Premature normalization • External shocks: US bond yields, strong dollar, energy and food rallies • Fiscal and monetary policy have little maneuvering room. • TL likely to depreciate for the time being. • Current account adjustment delayed to summer. • CPI inflation could test 20% temporarily. • Economic shocks could translate into political instability. For more; www.paturkey.com Subscribe our to channel http://wedia.link/RealTurkey Follow & read the latest Independent news from Turkey in English ► https://paturkey.com/ For sponsorship, ad and other business inquiries ► business@contentcommercialization.com #turkisheconomy #inflation #paturkey |