Turkish central bank says rate cuts 'not on autopilot', lifts inflation forecast
Turkey's central bank governor Fatih Karahan said on Friday the bank is "not on autopilot" after two straight interest rate cuts and its decisions are based on data, in comments after the bank raised its year-end inflation forecast to 24% from 21%.
Türkiye's central bank raises 2025 inflation forecast to 24 pct
Tampuumlrkiye central bank raised its year-end inflation forecast for 2025 to 24 percent from 21 percent according to its latest inflation report
Turkiye raises year-end inflation forecast
ISTANBUL: Turkiye central bank on Friday increased its year-end inflation forecast to 24 percent from 21 percent. Turkey has experienced double-digit inflation since 2019, making life increasingly expensive for millions of people, notably hitting the cost of education, housing, healthcare, hotels and restaurants.
Turkey cenbank raises inflation forecast, says "not on autopilot" with cuts
Turkey's central bank raised its year-end inflation forecast to 24% on Friday from 21% previously and Governor Fatih Karahan said the bank is "not on autopilot mode" after two straight rate cuts, given decisions are made based on data.
Türkiye’s Central Bank raises 2025 inflation forecast to 24%
Türkiye’s Central Bank has revised its year-end inflation forecast for 2025, now expecting annual consumer inflation to reach 24%, a 3-percentage point increase from its previous projection.
Turkey central bank raises inflation forecast, says "not on autopilot" with cuts
The forecast revision came as both inflation and interest rates head lower and authorities predict the coming end of years of price turmoil
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Turkey central bank signals cautious approach amid inflation woes
On Friday, Turkey's central bank Governor Fatih Karahan emphasized a data-driven approach to monetary policy, indicating that the bank is not operating on "autopilot" following two consecutive rate ...
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Turkey Cuts Rates by 250 Basis Points for Second Time in Row
The Monetary Policy Committee, led by Governor Fatih Karahan, lowered its one-week repo rate to45% from 47.5%. All economists surveyed by Bloomberg had forecast the 250 basis-point reduction.