Minister Şimşek: 'Market inflation expectations have declined'
Treasury and Finance Minister Mehmet Şimşek evaluated the Central Bank of the Republic of Turkey (TCMB) Market Participants Survey on his X account today. Şimşek stated, "The market's 12-month annual inflation expectation has declined to 37.8 percent."
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Treasury and Finance Minister Mehmet Şimşek evaluated the Central Bank of the Republic of Turkey (TCMB) Market Participants Survey on his X account today.
In his post on his X account, Şimşek included the following statements:
"The market's 12-month annual inflation expectation has declined to 37.8 percent. The improvement in expectations has continued for 4 months, reaching 7.5 points. The improvement in inflation expectations continues to converge toward our program target"
The market's 12-month annual inflation expectation has declined to 37.8 percent.
— Mehmet Simsek (@memetsimsek) February 16, 2024
The improvement in expectations has continued for 4 months, reaching 7.5 points.
The improvement in inflation expectations continues to converge toward our program target. pic.twitter.com/dXTAUnpqlx