ANKARA Türkiye’s Central Bank has kept its inflation forecast for 2025 at 24 percent, while leaving its end-2026 forecast unchanged at 12 percent. “We target inflation to decrease to 8 percent in 2027 and stabilize at 5 percent in the medium term,” Central Bank Governor Fatih Karahan said on May 22, presenting the bank’s second inflation report of 2025. “Our medium-term forecasts are based on an outlook in which the tight monetary policy stance will be maintained until a significant and