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Friday, July 24, 2020

bne IntelliNews - Turkey’s policy rate held again as central bank weighs risk of inflation overshooting

Turkey’s policy rate held again as central bank weighs risk of inflation overshooting

Will it be a case of "Hold on tight" for Turkey's central bank from here on in?
By bne IntelIiNews July 23, 2020
Turkey’s central bank held its policy rate steady at 8.25% for a second consecutive month on July 23, meeting the widely-held market expectation. It said that there was a risk of inflation overshooting its year-end projection.

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