... Central Bank of the Republic of Turkey. But I still think that interest rates should not be reduced until the end of the year.
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... Central Bank of the Republic of Turkey. But I still think that interest rates should not be reduced until the end of the year.
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In fact, on the contrary, I think that interest rates should be increased by at least 10 basis points until the end of the year.
Not investment advice!
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Is this wish politically motivated? 😉
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Of course not. But this is important for inflation to fall at least until the end of this year. 😀
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Posted via D.BuzzGood evening @mehmetfix.
Posted via D.BuzzGood evening to you too @chrisrice 😀
Thank you!
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Posted via D.BuzzHonestly, the rate cut by the #FED, is a mistake, because S&P 500 will fall by 50%. However given the U.S. elections on Nov. 5, and the national debt of 30 billion, it solves nothing, given the federal cuts. So it should have been done earlier or wait until 2026.
Yes, you are right, it is too early to lower interest rates. It is the same here in Turkey. Do you think they will lower interest rates again at the next meeting?
Posted via D.BuzzI don't know, but I'll leave you with this article. https://news.harvard.edu/gazette/story/2024/09/consumers-to-see-benefits-of-fed-rate-cut-but-how-much-and-when-is-less-clear/