15:39 - 28.08.2025

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August 28, Fineko/abc.az. The monetary policy decisions of the Central Bank of Turkey will continue to be made taking into account inflation dynamics.

According to ABC.AZ, Daily Sabah reported this citing statements by the head of the regulator, Fatih Karahan. He emphasized that any further steps regarding interest rates will be taken cautiously and depending on the situation.

Speaking at an event in Ankara, Fatih Karahan stated that the tight monetary policy would be maintained until price stability is achieved.

He noted that this stance, supported by the restoration of demand balance, the real strengthening of the Turkish lira, and improved inflation expectations, would contribute to the country’s disinflationary path. He also added that coordination with fiscal policy would support this process.

Last month, the Central Bank stated that it forecasts inflation in 2025 to range between 25% and 29%. At the same time, according to the bank’s estimates, by the end of next year inflation should decrease to 16%, and by the end of 2027 — to 9%.