Statement from Minister Şimşek regarding rent increases
Daily NewsTreasury and Finance Minister Mehmet Şimşek announced that the housing supply will be increased to prevent price increases in rents, new social housing projects w...
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Treasury and Finance Minister Mehmet Şimşek announced that the housing supply will be increased to prevent price increases in rents, new social housing projects w...
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According to TurkStat data, unemployment decreased to 8.8 percent in December 2023. The unemployment rate among the young population also decreased to 15.5 percen...
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survey of economists in the US showed that the Fed’s monetary stance is perceived as too tight. Economists have come to believe that the Fed is keeping financial ...
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The US federal government's budget deficit decreased by 43 percent in January compared to the same month the previous year, falling to $22 billion. The US Treasur...
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The price of the cryptocurrency Bitcoin is trading above $ 50,000 for the first time since December 2021 amid continued interest in spot Bitcoin exchange-traded f...
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Oil is trading sideways ahead of OPEC’s market outlook and as investors watch developments in the Israel-Hamas war. Brent crude traded above $82 a barrel after cl...
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The Atlanta Fed president said the rate cuts probably won’t happen until the summer. Atlanta Fed President Raphael Bostic, who will vote on policy decisions by th...
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Japanese authorities signaled intervention after the Japanese yen weakened against the dollar by breaking the critical level. The intervention signal from Japanes...
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The European Central Bank’s chief economist Philip Lane said there were risks in cutting interest rates too early or too late. The European Central Bank’s chief e...
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U.S. Treasury Secretary Janet Yellen said on Tuesday that progress was being made in the fight against inflation U.S. Treasury Secretary Janet Yellen said on Tues...
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Inflation in the US was 0.3 percent monthly and 3.1 percent annually in the first month of 2024, above estimates. Core inflation also recorded its fastest increas...
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The consumer confidence index published by the Turkish Statistical Institute (TurkStat) increased by 3.9 percent in January and reached 80.4. The Consumer Confide...
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Wells Fargo also made analyses regarding exchange rates in its 2024 international economic outlook report. The bank believes that the dollar/TL exchange rate will...
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According to Bloomberg, China is considering setting up a $278 billion stabilization fund to buy stocks. After previous attempts to restore investor confidence fe...
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Oil held on to gains after a new round of U.S. and British offensives against Iran-backed Houthi rebels in Yemen raised tensions in the Middle East and eased conc...
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The decline in the US Producer Price Index (PPI) in December was revised from 0.1 percent to 0.2 percent. The US Department of Labor published its annual update o...
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Chicago Fed President Austan Goolsbee said that the possibility of inflation remaining slightly elevated for a few more months is consistent with the expectation ...
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As demand for artificial intelligence chips continues to grow, California-based chipmaker Nvidia has surpassed Amazon and Alphabet with a market value of approxim...
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Oil prices fell for a second day after data showed U.S. crude inventories rose by the most since November, leaving indicators in a narrow range this year. Brent c...
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The cryptocurrency Bitcoin lost nearly 5 percent of its value, falling below $39,000 for the first time since December of last year. Bitcoin has fallen more than ...
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The Fed’s Vice Chairman for Supervision Michael Barr said that stronger-than-expected inflation in January suggested that the path back to 2% inflation “may be bu...
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