Turkey's central bank raised its end-2026 interim inflation target to 24% from 16%, Governor Fatih Karahan announced Thursday.
The bank expects inflationary effects from the Iran war to remain pronounced in the short term.
Speaking in Istanbul, Karahan also raised the end-2027 target to 15% from 9% and set the end-2028 target at 9%.
He said the key question is how long regional tensions and energy supply pressures will persist.
Karahan vowed no compromise on disinflation and said all tools will be used.
