Erdogan Says Turkey Interest Rates Will Definitely Fall in 2025
5 hours ago · Turkey’s President Recep Tayyip Erdogan said interest rates will fall in 2025 as he once again stated his unconventional belief that lowering interest rates will slow down price increases.
Turkey’s central bank lowers key interest rate to 47.5% - AP News
2 days ago · ANKARA, Turkey (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 soaring inflation.. Citing slowing inflation, the bank’s Monetary Policy Committee said it was reducing its one-week repo rate to 47.5% from the current 50%.
Turkey's central bank lowers key interest rate to 47.5% - ABC News
2 days ago · ANKARA, Turkey -- 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 ...
Turkey begins cutting rates after inflation-fighting drive
2 days ago · Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than expected, launching an easing cycle meant to leave behind protracted economic turmoil and ...
Turkey lowers interest rate to 47.5 percent - france24.com
2 days ago · In November, Turkey's annual inflation rate slowed for the sixth month in a row, at 47.1 percent. The central bank now expects inflation to reach 44 percent at the end of 2024, up from a previous ...
Turkey's central bank hikes interest rates again as it tries to tame ...
Turkey’s central bank has delivered another huge interest rate hike as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods.
Turkish central bank raises interest rate to 42.5% to combat high ...
Dec 21, 2023 · Turkey’s central bank hiked its key interest rate by 2.5 percentage points on Thursday as part of its efforts to combat high inflation that has left many households struggling to afford rent and essential items.
Turkey hikes interest rates as Erdogan stages economic U-turn - BBC
Jun 22, 2023 · Turkey has hiked its main interest rate from 8.5% to 15%, reversing one of President Recep Tayyip Erdogan's unorthodox economic policies. The 6.5-point rise was far lower than economists were...
Turkey Cuts Interest Rates More Than Expected But Says It’ll …
2 days ago · (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 ...
Turkey's Erdogan expects more interest rate cuts in 2025
5 hours ago · Turkey's President Tayyip Erdogan said on Saturday that there would be more interest rate cuts in 2025 after the central bank cut its key rate by 250 basis points to 47.5% this week.