Mekmet Uzm, the head of the Central Bank of Turkey, stated on Tuesday that it is necessary to continue tightening monetary policy, and that steps will be taken if changes in the situation negatively reflect on the efforts to reduce inflation.
Turkey's Central Bank Maintains Tight Monetary Policy
The Governor of the Central Bank of Turkey, Fatih Karahkay, stated the need to continue tightening monetary policy to combat inflation and will act if demand developments negatively impact these efforts.
