Turkish cenbank inflation forecast updates not an easing signal, governor says
Published . Updated .
Key takeaways
- Turkish Central Bank Governor Fatih Karahan said on Thursday that updates in its inflation forecasts and interim targets are not a signal of easing policy as it raised its end-2027 forecast and targets to 21%.Presenting the central bank's quarterly inflation report in Istanbul
- Exposed: TUR, EMB, EMLC, EEM
- Market reaction: EMB −0.8% on the day; TUR +0.3% on the day; EEM −1.5% on the day
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Turkish Central Bank Governor Fatih Karahan said on Thursday that updates in its inflation forecasts and interim targets are not a signal of easing policy as it raised its end-2027 forecast and targets to 21%.Presenting the central bank's quarterly inflation report in Istanbul
Directly affected
- No company is named in this report.
Indirectly affected
- TUR iShares MSCI Turkey ETF-17.0% 30d
iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Turkey.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Turkey
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.6% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Turkey.
- EEM iShares MSCI Emerging Markets ETF-3.3% 13d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Turkey
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TUR | -4.19% | +1.13% | base | +0.30% | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | — | after close | after close | after close |
| EMB | -0.03% | +0.53% | base | -0.81% | after close | after close | after close |
| EMLC | +0.45% | +1.06% | base | -0.57% | after close | after close | after close |
| EEM | -6.42% | -1.63% | base | -1.52% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Turkish cenbank inflation forecast updates not an easing signal, governor says TradingView
Source: TradingView
The price since 12 Nov 2026: Ishares (TUR) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| CEW | three days earlier | 0.00% | final price |
| CEW | five days earlier | 0.00% | final price |
| Ishares Tr (EEM) | that day | -1.52% | final price |
| Ishares Tr (EEM) | three days earlier | -1.63% | final price |
| Ishares Tr (EEM) | five days earlier | -6.42% | final price |
| Ishares Tr (EMB) | that day | -0.81% | final price |
| Ishares Tr (EMB) | three days earlier | +0.53% | final price |
| Ishares Tr (EMB) | five days earlier | -0.03% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | that day | -0.57% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | +1.06% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | +0.45% | final price |
| Ishares (TUR) | that day | +0.30% | final price |
| Ishares (TUR) | three days earlier | +1.13% | final price |
| Ishares (TUR) | five days earlier | -4.19% | final price |
Who gains and who loses around Ishares (TUR)
Companies mentioned with this story
- TUR Ishares
For “Turkish cenbank inflation forecast updates not an easing signal, governor says,” Ishares (TUR) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”)
- EMB Ishares Tr
Ishares Tr (EMB) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Turkish cenbank inflation forecast updates not an easing signal, governor says.” Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Turkey
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
In “Turkish cenbank inflation forecast updates not an easing signal, governor says,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Turkey
- EEM Ishares Tr
Ishares Tr (EEM) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “Turkish cenbank inflation forecast updates not an easing signal, governor says.” Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Turkey
Ishares (TUR)
The 12 Nov 2026 story “Turkish cenbank inflation forecast updates not an easing signal, governor says” names Ishares (TUR) because of this story.
What ties Ishares (TUR) to the headline is this: iShares MSCI Turkey ETF holds stocks listed in Turkey, which this story is about (“turkish”)
A second company, Ishares Tr (EMB), is listed for a different reason: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Turkey
The price range for Ishares (TUR), and the dates in the story
EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. EMLC traded between 24.50 and 25.02 across 20 sessions. The latest close on file is 24.56. TUR traded between 29.38 and 34.51 across 20 sessions. The latest close on file is 30.15.
What the saved facts support for Ishares (TUR)
33 out of 100
“Turkish cenbank inflation forecast updates not an easing signal, governor says” scores 33 out of 100. The score uses 1 sources, and 4 linked companies.