【环球财经】土耳其央行维持明年16%通胀目标不变

Core Points - The Central Bank of Turkey maintains its medium-term inflation target for the end of 2026 at 16%, despite recent price pressures [1] - The bank has adjusted its inflation forecast for the end of 2025 from a range of 25%-29% to 31%-33%, while keeping the 2023 mid-term inflation target unchanged at 24% [1] - The Central Bank's inflation report indicates that inflation rates have exceeded previous forecasts due to rising food prices [1] Summary by Categories - Inflation Targets - The Central Bank of Turkey sets the medium-term inflation target for the end of 2026 at 16% [1] - The inflation forecast for the end of 2025 has been revised to a range of 31%-33% from the previous 25%-29% [1] - The mid-term inflation target for 2023 remains at 24% [1] - The medium-term target for the end of 2027 is set at 9% [1] - Recent Economic Conditions - Recent inflation rates in Turkey have been higher than previously predicted, primarily driven by increases in food prices [1] - The Central Bank emphasizes a firm policy stance to stabilize inflation expectations [1] - Monetary Policy Approach - The Central Bank will tighten monetary policy further if future inflation trends deviate significantly from the target range [1] - Decisions will be made based on inflation as the core focus, adhering to a cautious principle and evaluating each meeting's specific circumstances [1]