Turkey Hikes Inflation Target to 24% Amid Deepening Economic Strains
First Detected: May 14, 2026, 6:16 PM
Last Update: 4 months ago
3 articles·3 stories
Event Summary
On May 14, the Turkish central bank raised its inflation target to 24% from 16% due to accelerating price rises. The increased inflationary pressures are triggered by the economic impact of the war in Iran.
