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Sunday, April 20, 2014

Hey! Tayyip! Leave them bureaucrats alone! - EMRE DELİVELİ

Hey! Tayyip! Leave them bureaucrats alone!

The Central Bank’s rate-setting monetary policy committee (MPC) meeting on Thursday is likely to be a non-event.

While he implied that reserve management policies could be used early in the month, Gov. Erdem Başçı said, in his speech at the Bank’s General Assembly on April 17, that macro-prudential easing was the banking regulator’s responsibility, signaling that reserve requirement ratios (RRRs) would not be changed.

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