Published on Thursday, March 8, 2018 | Updated on Wednesday, March 14, 2018

Turkey | The CBRT stays on hold and keeps the tone tight

Summary

The CBRT kept its policy rates unchanged in line with expectations. In our view, the CBRT should stay tight until inflation outlook proves to contain inflation expectations and remain ready to act if inflation deviates further from their latest inflation projection path.

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Authors

Seda Guler Mert BBVA Research - Principal Economist
Tomasa Rodrigo BBVA Research - Lead Economist
Joaquín Iglesias

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Report (PDF)

Policy-Pulse-_Monetary-Policy_Mar2018

English - March 8, 2018

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