Turkish Central Bank Deputy Governor: Early easing of monetary policy risks greater than delayed easing, which could reignite inflation
2024-07-26 07:39:33
Turkey its central bank governor Akcha Yi said in advance ease currencydesk3cryptocurrencydesktopCrypto News
Mr. Akcay, deputy governor of Turkey's central bank, said the risks of early monetary easing outweighed a delay and could reignite inflation. A rate cut is not currently under consideration. Monetary easing also depends on the pace of improvement in inflation expectations and modest changes in domestic demand.
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