Deputy Governor of the Central Bank of Turkey: The risks of prematurely easing monetary policy are greater than delaying the easing, which may reactivate inflation
ChainCatcher news, Turkey's central bank deputy governor Akçay stated that the risks of prematurely easing monetary policy outweigh those of delaying it, which could potentially reactivate inflation. Currently, there are no considerations for interest rate cuts. Monetary easing also depends on the pace of improvement in inflation expectations and moderate changes in domestic demand.
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