Turkish Central Bank Governor Fatih Karahan said on Friday that price stability remains the top priority and that the disinflation process will continue despite recent geopolitical tensions. The governor said policy tools and strong reserves provide the means to sustain disinflation, and that a rebalancing in domestic demand is expected to continue supporting the process. Governor said the central bank will continue to monitor all factors affecting the inflation outlook. Loan growth is moving toward a more balanced path, the governor said, citing the latest policy measures. Strong reserves alongside policy tools act as buffers against geopolitical risks to disinflation.
