(Bloomberg) Turkish monthly inflation in January probably jumped the most since the summer, an acceleration that could test the new central bank chief’s resolve after his predecessor announced the end of a tightening cycle. Most Read from BloombergIraq Says 16 Killed in US Strikes, Calls Security Risk GraveJapan Assures Fans Taylor Swift Can Make It to the Super BowlBiden Swipes at Trump’s Personality in ‘Weirdest Campaign’ YetMeta’s $197 Billion Surge Is Biggest in Stock-Market HistoryOn the
(Bloomberg) Turkish inflation came just short of a forecast laid out by the central bank, ending the year with an upswing that keeps it on track to accelerate past 70% by May as new risks emerge.Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsHarvard’s President Claudine Gay to Resign After ControversyTokyo Runway Collision Leaves 5 Dead, Aircraft AblazeUS Pressured Netherlands to Block China-Bound Chip MachineryHamas Says Israel Kills Senior Official in Beiru
Turkish Inflation Is Hot But Tracking Path Drawn by Central Bank bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Turkish inflation is expected to surge to a 19-year high in December, propelled by a slump in the lira and President Recep Tayyip Erdogan’s push for cheaper borrowing.
Data due Monday will show consumer prices rose for a seventh straight month to an annual 27.36%, compared to 21.