Beril Akman

Turkish inflation is expected to have continued its deceleration for a fourth month in October, though officials focus more on other metrics to decide on the timing of an interest-rate cut.

Turkey’s headline inflation eased slightly less than expected last month, likely reinforcing the view among economists that an interest-rate cut is off the table this year.

Turkish officials have been scrutinizing repo-like transactions by local lenders that allow them to access cheaper lira funding abroad and which may be inflating official data on foreign inflows, according to people familiar with the matter.

(Bloomberg) -- Turkish officials have been scrutinizing repo-like transactions by local lenders that allow them to access cheaper lira funding abroad and which may be inflating official data on foreign inflows, according to people familiar with the matter.

Turkish officials have been scrutinizing repo-like transactions by local lenders that allow them to access cheaper lira funding abroad and which may be inflating official data on foreign inflows, according to people familiar with the matter.

(Bloomberg) -- Turkey's central bank raised its inflation forecasts for this year and next, bringing them closer to market expectations after price gains exceeded estimates for two consecutive months.

Turkey has been invited to become a partner of the BRICS group of emerging-market powers, short of its expectation that it would be granted full membership.

Turkey’s central bank will probably hold its main interest rate for an eighth straight month this week, though policymakers could indicate the start of an easing cycle as soon as December.

The Turkish central bank left its benchmark interest rate unchanged for an eighth month, but implied slowing inflation could soon justify a cut.

Turkey’s central bank left its benchmark interest rate unchanged for an eighth month, while implying a cut could soon be justified due to slowing inflation.