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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

IATA optimistic on Malaysia's aviation outlook as regional recovery accelerates
ISF Group, Alliance Islamic Bank ink IPO underwriting agreement
Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings

Others Also Read