| 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 |
