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CBRT Cite Growing Consensus That Inflation Will Fall in 2H

TURKEY
  • The CBRT have released Governor Fatih Karahan’s presentation on "Monetary Policy and Inflation Outlook in Türkiye". The set of slides covers underlying inflation, trend inflation and monetary policy over time.
  • The CBRT acknowledge that while the share of Turkish lira deposits increased, some of the gains reversed recently.
  • The central bank also cite growing consensus that inflation is set to fall in 2H, and that the yield curve is shifting in tandem with monetary tightening.
  • See the full presentation here.

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