Goldman economists evaluated the central bank's loosening of credit limits as an attempt to stop the decline in credit growth.
While Goldman Sachs economists interpreted the relaxation of the central bank's credit limits as an attempt to stop the decline in growth, they drew attention to the risk of an interest rate cut in December.
AI-generated summary
Goldman economists' report dated November 12 examines central bank policies.
The report of Goldman economists Clemens Grafe and Başak Edizgil dated November 12 interprets the central bank's recent relaxation of credit limits as an attempt to stop the decline in credit growth. This suggests that downside risks to inflation and growth may be smaller than the bank's financial conditions index indicates.
Goldman's quantitative index of financial conditions tightened 100 basis points in September, returning to the 2024 level before easing began, the tightest level of the current cycle.
According to the analysis, the central bank's emphasis on the slowdown in core inflation and domestic demand shows that there is a high risk of new reductions in interest rates in December.
AI outlook — possibilities, not facts
New reductions in interest rates in December
Likely · Within months
Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that a declaration of intent was exchanged between Türkiye and the EU for the mutual recognition of e-signatures and e-seals and that a National Working Group will be established.

Ziraat Bank, in cooperation with the Ministry of Industry and Technology and the Credit Guarantee Fund, implemented the OIZ Green Loan Package to finance the green transformation investments of Organized Industrial Zones and companies.
Konya-based light weapons manufacturer Adler Arms attended the BAMEX 2026 Fair in Bamako and announced its exports to 27 countries and its growth targets in Africa.
SEDEFED 18th Competition Congress will be held under the main sponsorship of Akbank at Sabancı Center on December 2, 2026, with the theme "New Strategies of Competition".
Cryptocurrency exchange Binance announced that it covered all assets affected in the security incident on October 29 and used over $6.34 billion for user losses.
Climate Investment Funds (CIF) provided $250 million in financing to support Türkiye's green transformation investments in industry. The fund aims to decarbonise the industry with long-term loans and grants.