【环球财经】土耳其央行因通胀黏性放缓降息步伐

Core Viewpoint - The Central Bank of Turkey has lowered the one-week repo rate from 38% to 37%, marking the first monetary policy decision of the year and the fifth consecutive rate cut since last summer [1]. Group 1: Monetary Policy Changes - The rate cut of 100 basis points was less than the market expectation of a 150 basis points reduction [1]. - The Central Bank's monetary policy committee noted improvements in inflation expectations and pricing behavior, but risks to the inflation decline process remain [1]. Group 2: Inflation Trends - As of December 2025, Turkey's consumer price index increased by 30.9% year-on-year and 0.89% month-on-month, both figures falling short of market expectations, partly due to a slowdown in food price increases [1]. - Analysts warn that inflation data may show significant fluctuations starting January due to New Year price adjustments and a 27% increase in the minimum wage for 2026 [1]. Group 3: Government Measures - The government is implementing systematic and coordinated policy measures to advance the anti-inflation process, which is expected to have a more pronounced effect on food prices, market prices, and rental levels, leading to a gradual decrease in the cost of living for residents [2].