Central Banks
Turkey to Offer Guidance on Rates Path After Prices Disappoint
- Governor Karahan will present 2025’s first inflation report
- Many analysts expect year-end forecast to remain unchanged
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Turkey’s central bank on Friday will unveil fresh inflation projections for 2025 and beyond, providing guidance to investors rattled by worse-than-expected inflation data earlier in the week.
Many analysts still expect the central bank to maintain its year-end inflation forecast at 21%, when Governor Fatih Karahan releases the quarterly inflation report in Istanbul. The projections serve as short-term targets for the policymakers whose official long-term objective is to get annual price gains to 5%.