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View Full Version : Turkish Inflation Hits 3 1/2-Year High on Rising Energy Prices - Bloomberg



NewsWhore
05-03-2012, 02:40 AM
Turkish Inflation Hits 3 1/2-Year High on Rising Energy Prices (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGT5aEyWsNUUcHywEaXeHdaLMuySQ&url=http://www.bloomberg.com/news/2012-05-03/turkish-inflation-hits-3-1-2-year-high-on-rising-energy-prices.html)
Bloomberg
Tighter monetary policy will probably be needed to defend the currency and bring inflation toward the central bank's 5 percent target, he said. Basci, who varies borrowing costs daily within a so-called rates corridor, has tightened policy in the past ...

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