CBRT Governor: Seeing core inflation indicators falling in short term

Turkish central bank Governor Sahap Kavcioglu told in a local investors meeting, he expects core inflation indicators to fall in the short-term, Reuters reports, citing three sources on a briefing call with the bank.

Kavcioglu added that “the bank will continue to determine monetary policy at a level of tightness that will ensure a fall in inflation as soon as possible,” per sources.

more to come ....