{
  "id": 19678302,
  "title": "Turkish central bank raises inflation forecasts, pledges tight policy",
  "url": "https://urgent.news/2026/11/12/turkish-central-bank-raises-inflation-forecasts-pledges-tight-policy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T16:45:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/738069/business/turkish-central-bank-raises-inflation-forecasts-pledges-tight-policy"
  },
  "original_language": "en",
  "account": "Turkiye's central bank has revised its inflation projections upwards, forecasting 21% inflation by the end of 2027 and 13.5% by 2028. Governor Fatih Karahan announced the bank will continue to maintain a \"tight monetary policy stance\" until inflation stabilises. The previous forecasts were 15% for end-2027 and 9% for 2028. Karahan stated the changes do not signal a shift in policy, describing the update as \"not carrying an easing signal in monetary policy.\" The bank attributes the supply-side shocks caused by geopolitical events as limiting the decline in inflation. The Turkish lira experienced a slight devaluation against the dollar following the announcement.",
  "summary": "Turkiye's central bank raised its end-2027 inflation forecast to 21% and its end-2028 forecast to 13.5% on Thursday, with Governor Fatih Karahan saying the bank would maintain a tight policy stan...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}