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Friday, May 20, 2022

Unbowed by inflation, Turkey's central bank to hold rates in May | Reuters

Unbowed by inflation, Turkey's central bank to hold rates in May By Ali Kucukgocmen and Ezgi Erkoyun ISTANBUL, May 20 (Reuters) - Turkey's central bank is expected to hold its policy rate at 14% next week despite an expected further rise in inflation after it hit 70% last month, a unanimous Reuters poll showed on Friday. More:Unbowed by inflation, Turkey's central bank to hold rates in May | Reuters