ANALYSIS: September Inflation Data Challenges TCMB’s Rate Cut Plans

Summary: Turkey’s September inflation surged well above both market and institutional forecasts, weakening expectations for further monetary easing. According to analyses by İş Yatırım, Akbank, and Gedik Yatırım, sharp increases in food and clothing prices disrupted the underlying disinflation trend, prompting revisions to year-end inflation forecasts. All three institutions now expect the Central Bank of … Continue reading ANALYSIS: September Inflation Data Challenges TCMB’s Rate Cut Plans