Turkey's central bank governor says inflation continues to improve

29 Aug, 2019

ANKARA: The improvement in Turkey's inflation outlook continues, the central bank's Governor Murat Uysal said on Thursday, adding that a cautious monetary policy stance will be maintained.

In a presentation to the Turkish Banks Association (TBB) published by the central bank, Uysal said the economic recovery continued in the second quarter.

A cautious policy stance is needed for the fall in inflation to be in line with the bank's targets, he added.

Copyright Reuters, 2019

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