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Četinkaya: Inflation is expected to gradually focus on the goals



Central Bank President Murat Çetinkaya, "Factors affecting the look of inflation will be closely monitored and monetary policy tools will continue to be used effectively in line with price stability," he said.

Čekinkaya also said that "with the contribution of coordinated measures, inflation is expected to gradually converge towards targets".

Četinkaya: Factors affecting the look of inflation will be closely monitored and monetary policy instruments will continue to be effectively used in line with price stability.

In the presentation titled "Macroeconomic Perspective and Monetary Policy" of Fourth, the main messages are as follows:

– There was a tendency of stabilization in the economy.

– While foreign demand remained strong, economic activity slowed due to tighter financial conditions and weak domestic demand.

– CBRT has made strong monetary tightening to limit the deterioration of price behavior.

– With the contribution of coordinated measures, inflation is expected to gradually align with the goals.

– Monetary policy instruments will continue to be used efficiently in line with price stability by careful monitoring of factors that affect the look of inflation.


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