Turkey’s central bank lowered its main interest rate for the first time in almost two years, pointing to slower consumer demand and the currency’s strength for a larger-than-expected cut of 250 basis ...
(Bloomberg) -- Turkey lowered interest rates for the first time in almost two years but said it would remain cautious about future cuts, with inflation only just below 50% and nearly 10 times the ...
ANKARA (AP) -- Turkey's central bank lowered its key interest rate by 2.5 percentage points, to 47.5%, on Thursday, carrying out its first rate cut in nearly two years as it tries to control ...
In a Reuters poll, all 13 respondents forecast a cut to 45% from 47.5% in the one-week repo rate. They expect it to hit 30% by year end, according to the poll median ...