Turkey central bank governor cites ongoing disinflation, urges caution
Fatih Karahan said data indicates continued disinflation despite more challenging supply conditions, and that inflation expectations warrant continued caution.
Turkey’s central bank governor said on Tuesday that data pointed to continued disinflation even as supply conditions became more challenging, and said inflation expectations justified continued caution. In a presentation in New York, Fatih Karahan said supply shocks had materially affected headline inflation.