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US ‘transitory’ inflation turns 5, still shaping economy
1+ day, 12+ hour ago (737+ words) This month marks five years since the worst U.S. inflation outbreak in a generation, a defining economic shock that continues to shape policy debates, sway national politics and frustrate Federal Reserve officials trying to restore the pace of price increases to…...
Poland's rise as Europe's economic champion: How did it happen?
1+ day, 14+ hour ago (1091+ words) A generation ago, Poland was rationing staples like sugar and flour, and its citizens earned just a fraction, about one-tenth, of West German wages. Today, its economy has surpassed Switzerland's, ranking as the world's 20th largest with annual output exceeding $1 trillion....
Türkiye's central budget balance shifts to surplus in February
2+ day, 11+ hour ago (193+ words) T'rkiye's central government budget recorded a surplus of nearly TL 24.4 billion ($554.5 million in February), shifting from a deficit of TL 310.1 billion in the same month a year earlier, according to official data released on Monday. Budget revenues surged 87.1% year-over-year to…...
Turkish central bank halts cuts in face of geopolitical tensions
6+ day, 11+ hour ago (452+ words) The Turkish central bank put its easing cycle on pause and left its key interest rate on hold at 37% on Thursday, taking a more cautious stance on monetary policy due to market fallout from the Iran war. "As uncertainty heightened…...
Türkiye's current account logs $6.8B deficit in January
6+ day, 8+ hour ago (150+ words) T'rkiye's current account balance logged a net deficit of $6.8 billion (TL 299.98 billion) in January, according to the official data released by the Central Bank of the Republic of T'rkiye (CBRT) on Thursday. The current account balance excluding gold and energy…...
When Türkiye's monetary policy meets global geopolitics | Opinion
1+ week, 1+ hour ago (479+ words) My observations regarding T'rkiye were particularly significant. Scarcely three months ago, I noted that 2026 would serve as a "threshold to test whether hard-earned trust can be preserved," emphasizing the vital importance of managing expectations and "policy confidence." The first major…...
When Türkiye's monetary policy meets global geopolitics
1+ week, 1+ hour ago (479+ words) My observations regarding T'rkiye were particularly significant. Scarcely three months ago, I noted that 2026 would serve as a "threshold to test whether hard-earned trust can be preserved," emphasizing the vital importance of managing expectations and "policy confidence." The first major…...
Energy prices roil global bonds as traders tear up rate cut bets
1+ week, 11+ hour ago (623+ words) Global bond markets faced renewed selling pressure Wednesday as rising oil prices linked to the U.S.-Iran war led traders to bet that central banks may have to scrap planned rate cuts and instead consider tightening policy. Short-dated bond yields " which…...
Turkish retail sales see fastest growth in nearly 2 years in January
1+ week, 13+ hour ago (303+ words) T'rkiye's retail sales growth accelerated further in January to the highest level in nearly two years, extending the positive momentum seen in recent months, official data showed on Wednesday. The volume of retail sales climbed 18.8% yearly in January, faster than…...
China begins year with trade boom despite another US exports fall
1+ week, 1+ day ago (587+ words) China's trade grew by a fifth in the first two months of the year, far exceeding forecasts as stronger exports to major markets balanced out a drop in shipments to the U.S., according to official data released on Tuesday. The boost…...