巴里什·巴尔吉和贝里尔·阿克曼土耳其9月通胀继续放缓，这提高了央行在下次会议上降息的可能性，以缓解国内基金危机引发的流动性紧张。
Turkish inflation continued to slow in September, raising the prospect of an interest rate cut at the next central bank meeting to help ease liquidity strains stemming from a domestic funds crisis.
土耳其统计局周一表示，年度消费者价格涨幅连续第四个月放缓，从8月的31.5%降至29.7%。彭博调查的18位经济学家预计，中值为30.3%。
Annual consumer price growth decelerated for a fourth straight month to 29.7% from 31.5% in August, TurkStat said on Monday. The median estimate among 18 economists surveyed by Bloomberg was 30.3%.
月度价格上涨1.84%，与8月持平，低于彭博调查中17位分析师给出的2.28%预测中值。交通、教育和住房价格是当月价格上涨的主要推手之一。
Monthly price growth was 1.84%, the same as in August and below the median forecast of 2.28% in a Bloomberg survey of 17 analysts. Transportation, education and housing prices were among the biggest contributors to the monthly gains.
数据公布后，土耳其股市延续涨势，其中银行股大幅上扬。BIST银行指数一度上涨2.8%，表明市场加大押注借贷成本将会下降。
Turkish stocks extended gains following the data release, led by a surge in banking shares. The BIST Banks Index rose as much as 2.8%, in a sign of increased bets that borrowing costs will come down.
里拉计价债券也上涨，两年期债券收益率下跌36个基点至39.49%。里拉汇率基本持平，截至伊斯坦布尔时间上午10:08，每美元兑换49.16里拉。
Lira bonds also rose, with the yield on two-year bonds falling 36 basis points to 39.49%. The lira was little changed, trading at 49.16 per the US dollar at 10:08 a.m. in Istanbul.
伊朗战争导致油价高企，使这个能源进口国土耳其持续面临通胀压力，但消费需求降温、经济活动放缓以及近期基金丑闻后市场流动性受抑，在一定程度上抵消了这些压力。这些因素增强了央行在10月22日会议上降息的理由。
Although high oil prices caused by the Iran war have sustained inflationary pressures in energy-importing Turkey, they’ve been somewhat offset by cooling consumer demand, slowing economic activity and suppressed market liquidity following a recent funds scandal — factors that have strengthened the case for a rate cut at the central bank’s October 22 meeting.
9月，一些知名基金提供异常高回报所引发的担忧演变为全面恐慌，部分公司未能兑付赎回申请，投资者纷纷撤资。近50万名投资者面临131只基金的风险敞口，监管机构此后已下令对这些基金进行清算。
Concerns about some high-profile funds offering suspiciously high returns turned into a full-blown panic in September after some of the firms failed redemption requests and investors rushed to pull their money out. Nearly a half-million investors are exposed to 131 funds that regulators have since ordered into liquidation.
在法提赫·卡拉汉行长领导下，央行采取了措施支持基金业崩盘后的流动性，包括推出措施支持向中小企业发放贷款，并放宽部分里拉存款准备金规定。
The central bank, led by Governor Fatih Karahan, has taken measures to support liquidity in the wake of the collapse, including by introducing steps to support lending to small and medium-sized businesses and easing some lira reserve requirement rules.
危机造成的流动性收缩可能会对通胀产生轻微的抑制作用。但彭博经济研究（Bloomberg Economics）的塞尔瓦·巴哈尔·巴齐基周五写道，中央银行将更加关注其对里拉信心的潜在影响。她写道：“如果里拉暴跌推高国内对外币的需求，储备和通胀面临的压力就会上升。”这将支持采取更为缓慢的宽松节奏。
The depressed liquidity caused by the crisis may have a modest disinflationary effect. But the central bank will be more attuned to a potential impact on lira sentiment, Bloomberg Economics’ Selva Bahar Baziki wrote on Friday. “If the rout drives higher domestic demand for foreign currency, pressure on reserves and inflation would rise,” supporting a slower pace of easing, she wrote.