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Iran War Tests Turkish Central Bank’s Ambitious Inflation Target

Summary by Bloomberg
A global energy price shock sparked by the US-Israeli war on Iran is forcing Turkey’s central bank to raise its inflation forecasts, putting further strain on the country’s efforts to slow price gains.

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BloombergBloomberg
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Iran War Tests Turkish Central Bank’s Ambitious Inflation Target

A global energy price shock sparked by the US-Israeli war on Iran is forcing Turkey’s central bank to raise its inflation forecasts, putting further strain on the country’s efforts to slow price gains.

·United States
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Bloomberg broke the news in United States on Wednesday, May 13, 2026.
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