The US Court of Appeals finalized the decision dated August 18, 2023, mandating the seizure of 69,370 Bitcoins and other crypto assets from the Silk Road case.
US inflation data will be announced today at 15:30 CET. The expectation is that there will be no change in core data on a monthly basis and that it will decline to 4.3% on an annual basis.
💢We will continue to see the effects of interest rate hikes more in the coming period.
It will take time for the full effects of the rate hikes to be realized. In the future, interest rate increases will be based on data.
💢We may go to an interest rate hike at the September meeting.
💢We are trying to create an adequately tightening monetary policy.
💢Inflation data sounded good, but we cannot make a decision by looking at only one data. That's why we decided to raise interest rates by 25 basis points.
💢The Central Bank of Turkey interest rate decision for July will be announced on Thursday, July 20, 2023 at 14.00. 💥It is estimated that it will be increased by 500 basis points to 20.00 percent.