Macro Analysis /
Turkey

Turkey: MPC expectedly holds policy rate at 19.0%, delivers no change in guidance

    EmergingMarketWatch
    12 August 2021
    • Supply and demand factors, inflation expectations continue to pose risks to inflation outlook
    • Economic activity remains strong in Q3 thanks to robust external demand, reopening from lockdown
    • MPC pledges to maintain current policy stance until significant fall in inflation, expectedly in Q4