Turkey's Central Bank surprises markets with sharp rate cut as inflation eases
Forrás:
Euronews.com
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Turkey's inflation rate has declined to 47.09% in November, marking six months of disinflation. The central bank (CBRT) indicates a cautious approach to monetary policy while aiming for a medium-term inflation target of 5%. Recent economic stabilization efforts have led to an upgraded credit rating, but challenges remain, including a forecasted slowdown in GDP growth. The Turkish lira has shown stability post-rate cut, with a slight strengthening against the euro. Teljes cikk (Euronews.com)