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Turkish central bank doubles 2022 inflation forecast to 23%
Turkey’s central bank ramped up its year-end annual inflation forecast to 23.2% from a previous 11.8%, but its chief dismissed the notion that a series of unorthodox interest rate cuts have sent inflation soaring and the lira tumbling. When asked about the central bank’s independence at a news conference, governor…
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Click here to read the full story: Gulf Times