Turkiye may pause rate cuts after inflation forecast


- Reuters

ISTANBUL: Turkiye’s central bank has pledged to keep monetary policy tight amid a deteriorating inflation outlook, saying that it might even pause interest-rate cuts if price pressures intensify.

“We’re not on autopilot. We would assess all options if there was a deterioration in inflation outlook,” governor Fatih Karahan said last Friday in Istanbul, where he unveiled the bank’s latest inflation report.

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