TCMB President Karahan: “Disinflation Will Regain Momentum”
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Central Bank Governor Karahan Will Maintain Tight Monetary Policy Until Price Stability Is Achieved.
Central Bank Governor Fatih Karahan stated that they will maintain a tight monetary policy until price stability is achieved and will be cautious in disinflation. In September, annual inflation fell to 29.7 percent, while the baseline trend declined to 23.7 percent.
“As the impact of shocks subsides, we think disinfestation will regain momentum with our tight monetary policy stance,” Central Bank President Fatih Karahan said at the World Investor Week summit.
Speaking at a seminar held as part of World Investor Week, the Governor of the Central Bank of the Republic of Turkey (TCMB), Fatih Karahan, stated that the disinflation process would also support productivity increases, and that an increase in productivity would be observed along with the achievement of price stability.
Speaking at World Investor Week, the Governor of the Central Bank of the Republic of Turkey (TCMB), Fatih Karahan, said that the main trend in inflation is slowing down.
In the "Economy Desk" program broadcast on the How to Have an Economy TV YouTube channel, Istanbul University Faculty Member Prof. Dr. Binhan Elif Yılmaz stated that the Central Bank of the Republic of Turkey (TCMB) should maintain its cautious stance, emphasizing that a move to cut interest rates in December, coinciding with the seasonal decline in inflation, would be a more rational step.
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