Inflation & Prices

Turkey Keeps Up Suspense on Rates With Inflation View Intact

  • Central bank doesn’t adjust price outlook for 2023 and 2024
  • Kavcioglu tweaked guidance last week in sign rate cut possible

Sahap Kavcioglu

Photographer: Adem Altan/AFP/Getty Images

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Turkish central bank Governor Sahap Kavcioglu offered no clues about his plans for interest rates in unveiling his first quarterly inflation report of the year.