The Central Bank of Turkey has reduced the interest rate to 38%.
Economist İbrahim Ünalmış's view is quite straightforward: prices are rising more slowly than before, but the fundamental factors driving inflation are still at work. Even with the rate cut, the inflation pressure is not over.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
9
Repost
Share
Comment
0/400
ZKProofEnthusiast
· 12-14 05:53
38% still dare to go down? This guy really dares, the root cause hasn't been solved yet and he's blindly messing around.
View OriginalReply0
BearMarketSurvivor
· 12-14 02:32
38% decrease again? Dude, are you trying to put out a fire or pour oil on it? Inflation just can't be contained.
View OriginalReply0
WhaleWatcher
· 12-13 07:59
38% still decreasing? Laughable, it can't really control inflation at all.
View OriginalReply0
BTCRetirementFund
· 12-11 19:11
38% still counts as a "decrease"? Laughable, how outrageous is Turkey's inflation...
View OriginalReply0
WalletManager
· 12-11 16:02
38% decrease? That data is surface-level, on-chain inflation expectations are the real key. If the fundamental issues aren't addressed, it's just self-deception. I've already hedged it in my multi-signature wallet.
View OriginalReply0
StakeHouseDirector
· 12-11 16:02
38% still calls it a rate cut? Laughable, it can't cure the tumor of inflation at all.
View OriginalReply0
MidnightMEVeater
· 12-11 16:01
Good morning everyone, 38% are still playing mahjong. The fundamental factor remains unchanged, which is like using a band-aid to cover a torn major artery. İbrahim, this guy is right; the liquidity trap quietly erodes your purchasing power.
View OriginalReply0
GasWaster
· 12-11 15:51
38% is still so high, interest rate cuts are completely useless, and inflation can't be killed, it's all in vain.
View OriginalReply0
Anon32942
· 12-11 15:36
38% still decreasing? Is this inflation never-ending? The fundamental issues haven't been resolved at all.
The Central Bank of Turkey has reduced the interest rate to 38%.
Economist İbrahim Ünalmış's view is quite straightforward: prices are rising more slowly than before, but the fundamental factors driving inflation are still at work. Even with the rate cut, the inflation pressure is not over.