Wednesday, March 07, 2018

Turkey’s Central Bank holds rates, weighing inflation

Turkey’s Central Bank holds rates, weighing inflation
ANKARA

Turkey’s Central Bank kept interest rates steady on March 7, saying it would keep policy tight until price pressures eased, signaling its intention to rein in inflation.

Year-on-year inflation has cooled from the 14-year peak of 12.98 percent it reached in November 2017. But at 10.26 percent in February it remains one

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