Turkey Central Bank Vows to Act Amid Risks to Consumer Inflation
- Central bank makes statement on website after inflation report
- Bank will use all tools at its disposal against risks
This article is for subscribers only.
Turkey’s central bank vowed to use all tools at its disposal and reshape its monetary policy stance at the Sept. 13 interest rate meeting after consumer inflation accelerated faster than expected in August.
The most recent data on the inflation outlook indicate significant price risks, the bank said in a statement on its website.