Double Whammy Warning

One Portfolio Deputy General Manager Burcu Kıratlı made critical assessments on the Economy Desk program. Kıratlı stated that the technology competition between the US and China, and the Fed's interest rate policies, could impact the global economy. Additionally, she shared her views on Turkey's exchange rate regime and the Central Bank's inflation targets. Kıratlı warned that a sharp movement in the exchange rate in Turkey could disrupt the expectations channel, creating a 'double whammy' effect, which could lead to instability in the economy. Economists emphasize the importance of carefully managing the exchange rate regime and interest rate policies. Developments in the global economy can also affect the Turkish economy. These factors should be taken into account when making investment decisions. This is not an investment advice.