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By Akin Nazli in Belgrade The Turkish central bank’s monetary policy stance is tight enough as things stand and the regulator does not see additional rate hikes as necessary, newly-appointed central bank governor Fatih Karahan said on February 8 at a press briefing held to release the authority’s latest quarterly inflation report. It was Karahan’s first meeting with the media since he was appointed on February 2. On January 25, the central bank’s monetary policy committee (MPC) announced its latest rate hike, amounting to 250bp. As a result, the policy rate rose to 45%. As recently as June las…

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