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Turkey’s Central Banker to Weigh Up Inflation After Lira Slump Apr 29 2021, 1:53 PM April 29 2021, 9:30 AM April 29 2021, 1:53 PM (Bloomberg) (Bloomberg) Turkey’s new central bank Governor Sahap Kavcioglu is expected to raise inflation forecasts on Thursday after his appointment unleashed a slide in the lira, exposing his limited room to deliver interest-rate cuts sought by the president. In his first public policy presentation, Kavcioglu will update the bank’s base-case scenario for prices through the rest of 2021 and the following two years, and answer questions from economists and the media. Enver Erkan, chief economist at Istanbul-based Tera Yatirim, said “a serious upward revision is needed” as the current inflation estimate of 9.4% at year-end had “lost touch with reality.” The governor’s comments could reveal the extent of future monetary easing, Erkan said, and a forecast below 14% for this year “may be seen as dovish

Tera yatirimEnver erkanZiad daoudTayyip erdoganNaci agbalSahap kavciogluGovernor sahap kavciogluIstanbul based tera yatirimPresident recep tayyip erdoganEconomists sayDismissal wasTurning pointஜீயத் டவுட்பொருளாதார வல்லுநர்கள் சொல்திருப்புதல் பாயஂட்