The joint hope of the business world is that no matter the outcome of the Nov. 1 elections, a broad coalition government is formed and stability in the economy is established with immediate reforms.
Global markets are being determined by expectations related to the U.S. Federal Reserve Fed’s rate decision.
The government is now obliged to include official figures and also deterioration that has been ongoing in the economy for a while.
Annual inflation has neared 8 percent again.
The third quarter of 2015 is ending off and it can be regarded as certain now that we have lived a lost year. Even worse, there is a strong possibility that next year will also be another lost year
The state of the economy is always one of the top components in all surveys of voters’ choices, even if its share changes from time to time.
The interest rate decision and the text of the decision to be made by the U.S. Central Bank Fed on Sept. 17 will be determinant in terms of global markets.
When some foreign analysts predicted a couple of months ago the U.S. dollar would reach 3 Turkish Liras, their estimate was not accepted on grounds it was too exaggerated.
The market sees the necessity of a coalition, produced by Turkey’s June 7 election, as continuing - in the interests of economic stability.
