Cautious Mood Ahead of CBRT Rate Decision: Fiscal Risks Threaten Inflation Goals

Summary: On the eve of the Central Bank of Turkey’s (CBRT) policy meeting, analysts and institutions are warning that Turkey’s inflation outlook remains fragile despite recent declines. Expectations for a 100–150 basis point rate cut clash with calls for caution from economists who stress that fiscal expansion and political uncertainty continue to undermine disinflation efforts. … Continue reading Cautious Mood Ahead of CBRT Rate Decision: Fiscal Risks Threaten Inflation Goals