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Financial Times Warns: US Should Closely Monitor Funding Crisis in Türkiye.
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Professor Hakan Kara, a faculty member at Bilkent University and former chief economist of the Central Bank, offered his assessments on the economic repercussions of the ongoing fund crisis. Kara responded to numerous requests for his comments on the fund crisis...
Prof. Dr. Hakan Kara stated that the funding crisis could have a slowing effect on economic activity and growth. Kara said he expects a 100 basis point interest rate cut in October due to decreasing inflationary pressures.
The Financial Times covered the stock market crisis in Turkey, while warning the US to be cautious.
·Ankara, Türkiye
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