Turkey’s central bank keeps its key policy rate unchanged at 37% on Thursday, extending a pause that now lasts for a third consecutive meeting. In its statement, the bank says the underlying trend of inflation “decreased slightly in May,” after rising in April. Officials also indicate they are monitoring how the ongoing conflict in the region could affect inflation and broader economic conditions. The decision reflects a balance between recent changes in inflation trends and uncertainty linked to external events. Other reporting emphasizes that, while the central bank does not change the rate, it continues to assess developments that could influence price growth, including spillover effects from the war-related situation. Overall, the bank’s message combines stability in monetary policy with continued observation of inflation dynamics and potential risk factors.
Turkish central bank holds policy rate at 37% and monitors inflation risks
Turkey’s central bank keeps its key policy rate unchanged at 37% on Thursday, extending a pause that now lasts for a third consecutive meeting. In its statement, the bank says the underlying trend of...
- Turkey’s central bank leaves its key policy rate unchanged at 37%.
- The rate decision is made for a third consecutive meeting.
- The bank cites that the underlying inflation trend decreases slightly in May after an April rise.
- The central bank monitors the potential inflation impact from the regional conflict.
- The decision is framed as part of ongoing assessment of inflation and economic risks.
The Turkish central bank kept its key policy rate unchanged at 37% on Thursday, citing the underlying trend of inflation 'decreased slightly in May' following an increase in April....
13 hours agoThe Turkish central bank kept its key policy rate unchanged at 37% on Thursday, holding steady for a third straight meeting as it monitors the inflation impact of the Iran war. Th...
13 hours ago
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