Economic recovery overdue in Q3: Central Bank

ISTANBUL- Anadolu Agency

Economic activity recovery is overdue in the third quarter of 2019, Turkey's Central Bank governor said on Aug. 29.

During a presentation for the Banks Association of Turkey, Murat Uysal said banks will keep a prudent stance on monetary policy to achieve a decrease in inflation rates.     

He stressed domestic demand and the tightening of fiscal policy lowered inflation rates.     

The Central Bank will continue to make all-out efforts for financial stability, he said.