Turkey Central Bank Cuts Rates

Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to 45% from the current 47.
Turkey cenbank cuts rates by 250 points to 45% as expected
Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is expected to continue.
Turkey Central Bank Cuts Rates Again as Inflation Cools
The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bears fruit in cooler price rises.
Turkey cuts policy rate after indicators point to an increase in inflation
Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, statement. "While the underlying trend of inflation decreased in December,
Turkey cuts interest rate by 250 basis points
Interest rate down to 45% 30% expected by year end Inflation falling Turkey’s central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is expected to continue.

Turkey, Damascus

Deadly Turkey hotel fire sparks safety concerns and political blame game
Outrage over alleged safety failures at a 12-storey hotel in Turkey has escalated into a political clash between the ...
Turkey mourns hotel fire dead as efforts to identify them continue
A day of mourning is under way in Turkey for the 76 victims of a fire that engulfed a popular ski resort hotel in the country ...
The Economist2d
How Turkey plans to expand its influence in the new Syria
No country has as much to gain from a stable Syria as Turkey, and few have as much to lose if it implodes. Turkey is home to more than 3m Syrian refugees, and wants Syria to be safe enough for many to ...
Turkey's house sales rose more than 20% last year
Home sales in Turkey climbed 20.6% in 2024 compared to a year ago, even as sales to foreigners tumbled 32.1%, Turkish ...
Syrians in Turkey Agonize Over a Return Home
As it became increasingly clear that Syrians were not imminently leaving Turkey, the Turkish government formalized the ...
Al-Monitor23h
Rubio and Fidan hold first call as Turkey's role expands in Syria
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It ...
Why Turkey is so influential in post-Assad Syria
Turkey has emerged as one of the most influential power brokers in Syria after rebels toppled Bashar al-Assad last month, ...
Turkey's Opposition Faces Barrage of Arrests, Investigations
"Recent developments show that Turkey is evolving into an increasingly authoritarian atmosphere, where the opposition's ...