Resilient Turkish inflation tempers rate cut expectations
WEBTurkey's annual inflation fell to 49.38% in September whereas the monthly rate was much higher than expected at nearly 3%, prompting a note of caution from the central bank …
Turkey inflation expected to fall below policy rate in Sept, first …
WEB5 days ago · ISTANBUL, Sept 30 (Reuters) - Turkey's annual inflation is expected to continue its decline in September and fall below the central bank's policy rate for the first time since 2021, a Reuters poll ...
Turkey’s Inflation-Adjusted Rates to Turn Positive in Milestone
WEB3 days ago · Turkey’s annual inflation likely dropped below the central bank’s 50% key interest rate in September, in what would be the first time in three years that official borrowing costs are above ...
Turkish inflation falls less than expected in September at 49.4%
WEB3 days ago · Turkey's annual inflation rate reached a decades-long high of 85 percent in October 2022, according to official data. It fell to 38.2 percent in June 2023 before rising again.
Turkish inflation falls below 50% in boon to Erdoğan - Financial …
WEB2 days ago · The slowdown in inflation and flip higher in real rates underscore how authorities are making progress in turning around Turkey’s $1tn economy following a series of sweeping policy U-turns that ...
Turkey’s inflation crisis rages a year into economic turnaround
WEBMay 22, 2024 · Turkey’s central bank said earlier this month that it expected the annual inflation rate to fall to 38 per cent by the year end after peaking at about 75 per cent this month.
Turkish inflation hits 75% but minister says worst is over
WEBJun 3, 2024 · Turkey’s official inflation rate hit 75.5 per cent last month amid increased spending by consumers undeterred by hefty interest rate increases, but the government said it believed price...
Turkish Inflation Tops 75% But Worst of Crisis Likely Over
WEBTurkey’s inflation accelerated more than forecast last month, in what officials hope marks the worst of a yearslong cost-of-living crisis. Data on Monday showed inflation reached …
Turkey's new central bank chief assures that work to combat inflation …
WEBANKARA, Turkey (AP) — The work to tame inflation in Turkey — namely through interest rate hikes — will continue “with determination,” the country’s new central bank chief said …
Turkey's central bank hikes interest rates ... - Associated Press News
WEBANKARA, Turkey (AP) — Turkey’s central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling …