US EditionTürkiye’s Central Bank Highlights Inflation Risks and Tightens Monetary Policy Amid Market Volatility
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Türkiye’s Central Bank Highlights Inflation Risks and Tightens Monetary Policy Amid Market Volatility
Türkiye Cumhuriyet Merkez Bankasi (TCMB) released the minutes of the meeting where it raised the policy interest rate by 3.5 percentage points. In the minutes, TCMB emphasized the rising risks of inflation. The Central Bank noted that recent market developments have negatively impacted inflation expectations. The minutes pointed out that following the detention of Istanbul Metropolitan Municipality Mayor Ekrem Imamoglu on March 19, there were sh…
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