Fatih Karahan

Under the OVP targets, annual consumer inflation is projected to reach 28.4 percent by the end of 2026, before declining to 21 percent in 2027, 13.5 percent in 2028 and 9 percent by the end of 2029, returning to single-digit levels

Chinese leader welcomed US President with a handshake for a superpower summit

Chinese leader welcomed US President with a handshake for a superpower summit

The two countries’ leaders will meet at a moment that offers starkly contrasting energy world views as both aim to expand their influence and economies amid the worst energy crisis in decades

The Turkish Central Bank has raised its year-end inflation forecast for 2026 to 26 percent, citing the impact of the war in the region, higher energy prices and increased uncertainty over the global outlook

The Turkish Central Bank has raised its year-end inflation forecast for 2026 to 26 percent, citing the impact of the war in the region, higher energy prices and increased uncertainty over the global outlook

The Turkish Central Bank on May 14 raised its year-end inflation forecast for 2026 to 26 percent, citing war-driven increases in energy prices, transportation costs and global uncertainty

The median expectation for the April MPC decision points to the policy rate being held steady at 37 percent

The Central Bank separately issued a statement regarding the meetings in London

The last such meetings were ​held in January in Britain and the ​United States

Sheikh’s latest visit took place in March 25 under his capacity as the secretary-general of the Executive Committee of the Palestine Liberation Organization and chief negotiator

Most of the 14 economists canvassed by Bloomberg, including those at Morgan Stanley, UBS Group and BNP Paribas, see scope for the central bank to lower borrowing costs three more times by 25 basis points each, to 6%

The bank also left its end-2027 interim target at 9%, in a forecast range of 6-12%

Speaking at meetings with international investment banks and financial institutions in London and New York, where he delivered a presentation titled “Monetary Policy and Inflation Outlook in Türkiye,” Karahan shared his assessments on inflation dynamics and monetary policy

The Bank of Korea's monetary policy board voted to keep the benchmark interest rate (KROCRT=ECI), opens new tab unchanged at 2.50%, as expected by all 34 economists polled by Reuters