Turkey’s central bank lowers key interest rate as inflation slows
Turkey’s central bank has lowered its key interest rate by a further 2.5 percentage points days after official figures ...
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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). The market was aware that a rate cut was on the cards. Expectations ...
Turkey cuts interest rates to 42.5% after inflation falls to 2-year low
Borrowing costs reduced for third month running after price rises ease to below 40 per cent for first time since June 2023 ...
BofA expects a smaller rate cut from Turkey’s central bank in April
Bank of America (BofA) revised its expectations for the Central Bank of the Republic of Turkey’s (CBRT) monetary policy, ...