Repeated supply shocks could complicate inflation fight: CBRT's Karahan
8 Articles
8 Articles
BOLD – Turkish Central Bank Governor Fatih Karahan warned that the impact of energy and supply shocks in the global economy on inflation could last for a long time. Speaking at the Budapest Finance Summit, Karahan said that if increases in energy costs are reflected in wages and prices, inflationary pressure could become permanent. Karahan's message highlighted the effects of a second round of fluctuations, the exchange rate, and a tighter monet…
The effects of energy shocks on inflation, and not only in Turkey, can be longer if their effects extend to wages ... . . . . . 16.09.2026, PRIM
Central Bank Governor Fatih Karahan assessed that the impact of energy-related shocks on inflation could become permanent and that the process could spread to wages and exchange rates, making management more difficult.
Economy - Turkish Central Bank (TCMB) Governor Fatih Karahan stated in his speech at the Budapest Finance Summit that central banks' demand for gold remains high.
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