Inflation and Interest Rates - What Will Happen Next?

We have seen similar pressures on central base all around the worlde especially during the trump era. The difference in turkey is there is very low central bank independence, so institutional strength is the problem. Even if this about turn happens, selve says it could be months before prices are back under control. You can't immediately lower inflation from 36 % back to ten %. Soit take awhile the costs of high inflation will be paid in the years to come.