Standard Unlu has revealed its forecasts for next year. Although it is not in the article, they expect the Central Bank to start hiking up the policy rate in the second quarter, which is earlier than consensus expectations but in line with the view of your friendly neighborhood economist's outlook. This is, BTW, the topic of next week's column.
A new regional survey says that Turkey is supposed to be the first country to overcome the crisis in the region. I have yet to see the study, so no comment for now...
...But in the meantime, two thirds of Turkish companies were in hiring freeze during the crisis. So if this and the former study are both right, these Turks must be crazy- or maybe, we are talking about a jobless and joyless recovery...
A new regional survey says that Turkey is supposed to be the first country to overcome the crisis in the region. I have yet to see the study, so no comment for now...
...But in the meantime, two thirds of Turkish companies were in hiring freeze during the crisis. So if this and the former study are both right, these Turks must be crazy- or maybe, we are talking about a jobless and joyless recovery...
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