After an emergency meeting, Governor Erdem Basci explained the move was made amid rising concerns that turmoil in Europe's finances and slowing US economic growth may drive Turkey into recession, which may possibly require lower rates to shield the local economy.
Posle vanrednog sastanka, guverner Erdem Baši objasnio je da je taj potez usledio zbog sve veće zabrinutosti da bi finansijska kriza u Evropi i usporeni rast ekonomije SAD mogao da gurne Tursku u recesiju, zbog čega je, opet, potrebno sniziti kamatne stope kako bi se zaštitila turska ekonomija.