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TCMB: Strict monetary policy will continue

Turkish Republic Central Bank (TCMB) President Murat Çetinkaya, the strict monetary policy stance, the appearance of inflation will match the objectives...

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TCMB: Strict monetary policy will continue
TCMB: Strict monetary policy will continue entry date: 13.10.2017 10:47 update Date: 13.10.2017 10:51 Turkish Republic Central Bank (TCMB) President Murat Çetinkaya, strict monetary policy stance, appearance of inflation will be maintained with determination to comply with goals reported

The Turkish Republic Central Bank (TCMB) President Murat Çetinkaya's presentation at JP Morgan Investor meeting in United States was published on official site of TCMB.

In his presentation, he pointed out that recent data showed that economic activity gained power, Cetinkaya noted:

"The high levels of inflation and inflation expectations pose a risk for pricing behaviour. The strict monetary policy stance will be maintained with determination to match objectives of inflation view. The factors affecting inflation will be closely monitored and additional tightening is required if necessary. "

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