According to some of the highlights from our bulletin, the U.S. Federal Reserve (Fed) lowered its policy rate by 25 basis points at its October 28–29 meeting, bringing the target range down to 3.75–4%, marking its second rate cut of the year.
In Türkiye, the unemployment rate remained unchanged at 8.6% in September. The rate was estimated at 7.4% for men and 11.1% for women.
Gold traded slightly above $4,000 per ounce on the last trading day of the week, while gram gold hovered around ₺5,430.
The Eurozone economy grew by 0.2% in the third quarter compared to the previous quarter, exceeding market expectations of 0.1% growth. In the second quarter, the economy had expanded by 0.1%.
Published on a weekly basis, the Economic Bulletin serves as a current reference source for academics and students in the fields of economics, political science, public administration, law, international relations, and other related disciplines.
To access the full version of the bulletin and previous issues, please visit: https://econ.ihu.edu.tr/en/economic-bulletin
