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CBRT Statement Little Changed, 'Decisively' Added to Tight Policy Stance

TURKEY
  • CBRT:* Loan growth exhibits a mild course owing to the implemented monetary tightening.
  • CBRT: POLICY RATE TO REMAIN ABOVE INFLATION UNTIL 5% TARGET MET
  • CBRT: HIGH LEVEL OF INFLATION EXPECTATIONS POSE RISK TO OUTLOOK
  • TURKEY CENBANK TEXT ADDS 'DECISIVELY' TO TIGHT STANCE PLEDGE
  • On the other hand, the decelerating impact of the monetary tightening on credit and domestic demand has begun to be observed- this statement has remained the same
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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