Turkish Inflation Pickup Tops Forecasts in Risk to Rate Cuts

Turkey’s Real Rates as Low as in Japan After Inflation Surprises
A Turkish national flag flies outside the University of Istanbul in Istanbul, Turkey. (Photographer: Kostas Tsironis/Bloomberg)

Turkey’s Real Rates as Low as in Japan After Inflation Surprises

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(Bloomberg) -- Turkey’s inflation accelerated faster than forecast for a second month, pushing its real interest rates further below zero and to the same level as Japan’s after five rounds of aggre...