Inflation Expectations Turkey's Vice President Cevdet Yılmaz said that inflation will continue to fall, a statement that is expected to boost consumer confidence.
USD/TL Exchange Rate Forecast Bank of America projects the year‑end USD/TL rate at 50.7 and expects inflation to remain at 24%.
Geopolitical Developments US President Donald Trump and Vice President JD Vance have voiced concerns over Iran's nuclear weapons program, while Foreign Secretary Marco Rubio has described Iran's missile capabilities as a serious threat.
European and German Economy Inflation in Europe fell to 1.7% annually and 0.6% monthly.
Germany recorded 0.3% GDP growth in the fourth quarter of 2025, though consumer confidence weakened.
Global Financial Markets Gold rose about 6% in the last six sessions, reaching $5,200 per ounce.
Silver increased 0.9% to $89.99, while platinum and palladium also gained value.
Creditwest Bank Economy Update: Inflation to Decrease, USD/TL Expected at 50.7
Turkey's Vice President Cevdet Yılmaz said inflation will continue to fall, while Bank of America projects year‑end USD/TL at 50.7 and inflation at 24%. US‑Iran tensions and European‑German economic data also feature in the discussion.
Sources
- Haber Kıbrıs · baglanti