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Turkish finance minister sees single-digit inflation by mid-2023

Turkish finance minister sees single-digit inflation by mid-2023

© Reuters. FILE PHOTO: Shoppers carry bags as they stroll at the Eminonu district amid the spread of the coronavirus disease (COVID-19), in Istanbul, Turkey January 12, 2021. REUTERS/Murad Sezer By Ali Kucukgocmen ISTANBUL (Reuters) -Turkey’s annual inflation rate will be in single digits by the time presidential and parliamentary elections set for mid-2023 are…

Exclusive-BOJ debates messaging on eventual rate hike as inflation perks up

Exclusive-BOJ debates messaging on eventual rate hike as inflation perks up

2/2 © Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon/File Photo/File Photo 2/2 By Leika Kihara TOKYO (Reuters) – Bank of Japan policymakers are debating how soon they can start telegraphing an eventual…

Erdogan vows to tame Turkish inflation as scepticism grows

Erdogan vows to tame Turkish inflation as scepticism grows

© Reuters. FILE PHOTO: Turkish lira banknotes are pictured at a currency exchange office in Istanbul, Turkey August 13, 2018. REUTERS/Murad Sezer By Nevzat Devranoglu and Tuvan Gumrukcu ANKARA (Reuters) -President Tayyip Erdogan promised on Wednesday to tame Turkey’s surging inflation, which hit 36% last month, but economists predicted it could push much higher, piling…

BofA cuts Mexico 2022 GDP outlook to 1.5%

BofA cuts Mexico 2022 GDP outlook to 1.5%

© Reuters. FILE PHOTO: Workers are seen in a building undergoing construction at Mexico City, Mexico January 30, 2020. REUTERS/Andres Martinez Casares (Reuters) -BofA Securities on Tuesday slashed its 2022 forecast for Mexican gross domestic product growth to 1.5% from 2.5% previously, citing weaker-than-expected domestic economic activity, underlining concerns about the recovery in Mexico. BofA…