CBRT Governor Karahan: Underlying Inflation Trend is Slowing

Fatih Karahan, Governor of the Central Bank of the Republic of Turkey (CBRT), made assessments regarding the underlying trend of inflation. Karahan stated that although there are monthly fluctuations, the recently announced inflation data and leading indicators show that the underlying trend of inflation is slowing. Karahan's statement is significant for the course of monetary policy. The signal of a slowdown in the underlying trend is closely monitored by the market as it reflects the impact of steps taken towards price stability targets. Pointing out that monthly fluctuations may create temporary effects on the inflation outlook, Karahan emphasized that leading indicators support the improvement in the underlying trend. The message that the CBRT maintains its determined stance in the fight against inflation stood out. Not investment advice.

📊 EURTRY — Piyasa Yorumu

■ neutral · 55%

The Central Bank Governor's statement that the underlying inflation trend is slowing may be a mildly positive signal for the Turkish lira, but its market impact could remain limited. Technical indicators are mixed: RSI at 45.7 is in neutral territory, MACD is negative and slightly below its signal line, and the price is trading just below the SMA20 and SMA50. The change over the past 24 hours is nearly flat (0.04%). In this outlook, the news is not expected to create a clear direction in the short term; EURTRY is likely to maintain its current narrow range. Nevertheless, the improvement in the inflation trend is not yet sufficient for a lasting appreciation of the lira.

RSI 14

45.7

MACD

-0.01

24h Δ

0.04%

Canlı Grafikler