Turkiye’s central bank yesterday kept the policy rate unchanged at 50 per cent.
“The level of the policy rate will be determined in a way to ensure the tightness required by the projected disinflation path, taking into account both realised and expected inflation,” the bank said.
The trend of inflation declined in October to 48.6 per cent, but was higher than expected.
“The level of the policy rate will be determined in a way to ensure the tightness required by the projected disinflation path, taking into account both realised and expected inflation,” the bank said.
The trend of inflation declined in October to 48.6 per cent, but was higher than expected.
