Turkey's central bank cites 'disinflation' as it holds rates

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Turkey's central bank cites 'disinflation' as it holds ratesTurkey's central bank on Wednesday left its key interest rate unchanged at 24% as expected and said it will keep its policy stance tight to 'reinforce the disinflation process,' a somewhat more upbeat assessment than its past statement. Annual inflation has eased from a 15-year peak of 25.24% in October, to 18.71% in May.

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