Economics
Turkey’s Central Banker to Weigh Up Inflation After Lira Slump
- Kavcioglu will make his first official appearance as governor
- Guidance to provide insight into scale of expected rate cuts
Sahap Kavcioglu
Photographer: Ali Balikci/Anadolu Agency/Getty Images
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Turkey’s new central bank Governor Sahap Kavcioglu is expected to raise inflation forecasts on Thursday after his appointment unleashed a slide in the lira, exposing his limited room to deliver interest-rate cuts sought by the president.