Turkish inflation is finally close to peaking but the central bank’s worry is here to stay, a disquiet that might keep interest rates higher for longer.
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Turkish Central Bank Raises Inflation Outlook That Shapes Policy(Bloomberg) -- Turkey’s central bank raised its year-end inflation forecast, a surprise move that underscores the challenge it faces in slowing price growth ...
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Turkish Inflation Jumps Again as Central Bank Hopes Peak is NearTurkey’s inflation rate, already one of the world’s highest, rose again in April, as government policies such as wage hikes counter aggressive interest rate increases over the past year.
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Turkish Inflation Jumps Again as Central Bank Hopes Peak is Near(Bloomberg) -- Turkey’s inflation rate, already one of the world’s highest, rose again in April, as government policies such as wage hikes counter aggressive...
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European Central Bank leaves rates unchanged as world's central banks wrestle with when to cutFRANKFURT, Germany (AP) — The European Central Bank left its key interest rate benchmark unchanged Thursday, choosing to wait for confirmation that rapidly receding inflation is firmly under control before cutting rates to support an economy that’s s
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