Event Brief
Turkey scraps inflation target, raises it to 24%
Filed: May 14, 2026 at 11:04 AM ET
Summary: Turkey’s central bank raised its inflation target to 24% from 16% as price rises accelerate.
WHO: Turkey’s central bank
WHAT: Turkey’s central bank increased its inflation target to 24% from 16%.
WHEN: May 14, 2026 at 10:01 AM ET
WHERE: Turkey
WHY: Accelerating price rises triggered by the Iran war.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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