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Sahap Kavcıoglu

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Turkey’s CB Chief: Worries Over Early Interest Rate Cut Are 'Unjustified'
June 3rd, 2021 - 10:30 GMT

Turkey’s CB Chief: Worries Over Early Interest Rate Cut Are 'Unjustified'

Turkey's Central Bank Governor Sahap Kavcioglu said Wednesday that worries over an early interest rate cut are unjustified, noting that until strong indicators point to a permanent decline in inflation, the bank will continue to set the policy rate at a level above the realized and expected inflation. Sahap Kavcıoglu made a presentation within the scope of investor meetings held via videoconference as part of the central bank’s communication strategy ...
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