Weekly Tracker: March 15-21

TURKEY - Report 15 Mar 2015 by Murat Ucer
Executive SummaryIn this Econ-only Tracker, we briefly review the latest date releases and preview the upcoming MPC meeting on Tuesday. We think the MPC will keep rates on hold this week, given the circumstances, even though this solves close to nothing in terms of broader uncertainties regarding the future direction of monetary policy and hence, the lira. We will send a political update during the week, if need be. MPC: It’s all about respecting “identities” and “trinities”...We are all – more or less -- aware of some semi-dictums of monetary policy practice in Turkey, but it is worthwhile...

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