11-February-2026
Economy News
 
Turkey's Inflation-Fighting Quest Risks Stumbling Again
10-Feb-2026

Turkey's central bank is expected to revise upwards its 2026 inflation forecasts this week and possibly slow or even halt rate cuts in coming months, which analysts say would be another hitch in its easing cycle after prices soared again in January. Some state officials and analysts say the central bank can either slow the interest rate cuts that began more than a year ago or accept a slower rate of disinflation. Most expect a bit of both - setting the stage for what could be the latest setback in a more than 2-1/2 year effort to cool inflation and repair years of policy missteps that sparked a lingering cost-of-living crisis.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-09/turkeys-inflation-fighting-quest-risks-stumbling-again