Inflation message from Mahfi Eğilmez following CBRT's interest rate decision: 'I wish they had focused on that'
Economist Mahfi Eğilmez shared a post regarding inflation following the CBRT's interest rate decision.
Central Bank of the Republic of Türkiye (CBRT) Governor Fatih Karahan presided over the Monetary Policy Committee (MPC) meeting, which resulted in a 'hold' decision for the first time in 8 months.
Economist Mahfi Eğilmez stated the following in a post on X:
"THE REAL GOAL IS TO KEEP INFLATION, NOT INTEREST RATES, STABLE"
"The CBRT kept the policy rate stable. The real goal is to first keep inflation stable and then reduce it, not interest rates. I wish they had focused on that."
TCMB politika faizini sabit tuttu. Asıl olan faizi değil enflasyonu önce sabit tutabilmek sonra da düşürebilmek. Keşke ona uğraşsalardı.
— Mahfi Eğilmez (@mahfiegilmez) February 22, 2024
News Source: 12punto
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