Heightened uncertainty over disinflation pace acknowledged, but...

TURKEY - Report 17 Oct 2024 by Murat Ucer

As expected, the CBRT/MPC remained on hold today, keeping the policy rate (one week repo) at 50%. The first paragraph appears to have been modified somewhat, while the rest of the statement regarding disinflation strategy and monetary policy guidance is exactly the same with September statement.

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