BofA raises Türkiye's 2026 inflation forecast to 30%, sees delayed rate cuts

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BofA has updated its inflation forecast for Türkiye to 30% for 2026, up from 28.5%, following April's significant price growth. This revision indicates concerns about inflationary pressures in the Turkish economy.

Bank of America (BofA) revised its year-end 2026 inflation forecast for Türkiye to 30% from 28.5% after April price growth came in far above ...