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Turkiye holds interest rates steady at 46% as disinflation progresses
Turkiye’s central bank kept policy rate unchanged at 46 per cent, maintaining a tight monetary stance to support ongoing disinflation. Inflation trends improved in May and appear to be continuing in June. The bank remains vigilant of global risks and inflation expectations, pledging data-driven rate decisions and readiness to use all tools to achieve its medium-term inflation target of 5 per cent.
Turkiye’s central bank kept policy rate unchanged at 46 per cent, maintaining a tight monetary stance to support ongoing disinflation.
Inflation trends improved in May and appear to be continuing in June.
The bank remains vigilant of global risks and inflation expectations, pledging data-driven rate decisions and readiness to use all tools to achieve its medium-term inflation target of 5 per cent.
