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Wednesday, September 03, 2014

Turkish Inflation Surge Leaves Little Room for Basci to Cut Rate - Bloomberg

Turkish Inflation Surge Leaves Little Room for Basci to Cut Rate
By Onur Ant and Ali Berat Meric Sep 3, 2014 11:45 AM GMT+0200

Turkish consumer price inflation accelerated more than forecast in August to almost double the central bank’s target, leaving little room for policy makers to ease access to credit.

More:Turkish Inflation Surge Leaves Little Room for Basci to Cut Rate - Bloomberg