The Turkish economy is facing a “perfect storm” of geopolitical risk and stubborn price hikes. Following the military strikes on Iran and a significant jump in energy costs, domestic consumer inflation climbed 2.96% in February, bringing the total for just the first two months of 2026 to 7.95%. As a result, economists have overhauled their … Continue reading War Inflation Hits Ankara: Rate Cut Hopes Vanish as Iran War Escalates