Turkish central bank governor vows tight policy to bring inflation down
Fatih Karahan said the bank will keep policy tight for disinflation as supply-side shocks slow the fall in inflation. Reported by Reuters.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Turkish Central Bank Governor Fatih Karahan said on Thursday that the bank will keep monetary policy tight to bring inflation down. He said supply-side shocks are preventing inflation from falling faster.
Presenting the central bank's quarterly inflation report in Istanbul, Karahan said foreign demand is expected to recover to some extent in 2027. The information was reported by Reuters.
why it matters
For markets, the signal suggests high interest rates in Turkey may stay in place longer, which matters for the lira and Turkish bonds. Expectations for a partial recovery in foreign demand also feed into views on export dynamics.
market impact
Turkish lira and bonds: tight policy supports lira assets and puts pressure on USD/TRY.
- Turkish lira pressure up — high rates make lira-denominated assets more attractive
- USD/TRY pressure down — tight policy supports the lira against the dollar
tags
instruments
on polymarket
sources
- Turkish cenbank governor says to maintain tight policy for disinflation — Reuters, 12 November 2026 at 07:38 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗