Turkey's Yilmaz says inflation target not changing

Durmus Yilmaz, head of the Central Bank of Turkey, told a press conference at the presentation of its 2006 inflation report Tuesday 31 October that changes to Turkey's inflation target could hurt the credibility of the central bank.

Responding to questions from journalists about the inflation rate goal for next year, Yilmaz said: "Changing the inflation target and not changing it. They're both risky. We have decided not to change the target simply because we thought the change could cause dama

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: