Quotes
While inflation expectations and pricing behavior tend to improve, they continue to pose risks to the disinflation process,
the bank said
Although domestic demand was above projections in the fourth quarter of 2024, it remained at disinflationary levels. Leading indicators suggest that domestic demand remains disinflationary in the first quarter of this year,
the bank's Monetary Policy Committee said in a statement
The decisiveness regarding tight monetary stance is strengthening the disinflation process through moderation in domestic demand, real appreciation in Turkish lira, and improvement in inflation expectations,
it said