Turkish Central Bank Cuts Interest Rates Amid Easing Inflation
33 Articles
33 Articles
The central bank of Turkey cut the country's interest rate this Thursday by 1 percentage point (p.p.), bringing it to 36% a year. The decision was taken unanimously and in line with the expectations of the market. By justifying the flexibility, the monetary authority highlighted the tendency of falling from the core of inflation and weakness of domestic demand. Exclusive material for subscribers. To have full access, access the link of the matte…
Turkey Cuts Interest Rate as Inflation Slows to Five-Year Low
The Monetary Policy Committee of the Central Bank of the Republic of Turkey concluded its October meeting and announced its interest rate decision, which was closely followed by the markets. The new policy interest rate decision and rates have been determined. So, what was the Central Bank's interest rate decision, and what is the policy interest rate level? Here are all the details...
Breaking news... The Central Bank of the Republic of Turkey (TCMB) has announced its seventh interest rate decision of the year. At its seventh Monetary Policy Committee meeting of the year, the Central Bank lowered the interest rate by 100 basis points, bringing it down to 36 percent.
Turkiye Central Bank Cuts Policy Rate to 36% as Inflation Trend Slows
100-basis-point reduction matches expectations as bank says underlying inflation trend continues to slow Türkiye’s central bank on Thursday cut its benchmark policy rate by 100 basis points to 36%, in line with market expectations, after holding rates steady for five consecutive meetings. The bank’s Monetary Policy Committee, chaired by Governor Fatih Karahan, lowered the one-week …
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
