Turkish Central Bank Governor Says Forecast Updates Do Not Signal Easing
The governor said updated forecasts and targets do not signal an easing in policy.
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08:32:19 AM UTC
SquawkNews
UPDATE 1-Turkish central bank raises end-2027 inflation forecast to 21%, end-2028 forecast 13.5% Ad
08:32:22 AM UTC
SquawkNews
Turkey's central bank raised its end-2027 inflation forecast to 21% from 15% and its end-2028 forecast to 13.5% from 9% on Thursday, with Governor Fatih Karahan saying the bank would maintain a cautious policy stance until prices stabilise.Presenting the central bank's quarterly inflation report in…
08:37:36 AM UTC
SquawkNews
Turkish Central Bank Governor Fatih Karahan said on Thursday that updates in its inflation forecasts and interim targets are not a signal of easing policy as it raised its end-2027 forecast and targets to 21%.Presenting the central bank's quarterly inflation report in Istanbul, Karahan said the ban…