Monetary Policy in Turkey After the Global Crisis

Monetary Policy in Turkey After the Global Crisis

Title : Monetary Policy in Turkey After the Global Crisis
Number : 12/17
Author(s) : A. Hakan Kara
Language : English
Date : June 2012
Abstract : Central Bank of the Republic of Turkey has designed and adopted a new policy framework since end-2010. This study summarizes the main motivation, implementation and the outcomes. It is shown that the new policy has been quite effective in rebalancing the economy, while keeping inflation expectations anchored.
Keywords : Monetary policy, Price stability, Financial stability, Monetary transmission mechanism
JEL Codes : E44; E52; E58

Monetary Policy in Turkey After the Global Crisis
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