Turkey begins cutting rates after inflation-fighting drive
Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than expected, launching ...
Turkey’s central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...
Turkey Lowers Main Rate to 47.5% in First Cut Since 2023
Turkey’s central bank lowered interest rates for the first time in almost two years after consumer inflation showed signs of ...
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Turkey launches monetary easing cycle with 250bp rate cut
The monetary policy committee (MPC) of Turkey’s central bank on December 26 cut its policy rate by 250bp to 47.5% (chart).
Turkey's Central Bank surprises markets with sharp rate cut as inflation eases
The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it ...