Turkey cuts key interest rate to 39.5% - central bank

Turkey cuts key interest rate to 39.5% - central bank

Turkey's central bank said today it had lowered its key interest rate for the third time in a row, in line with analysts expectations.

Turkish central bank cuts key rate to 39.5%, flags inflation risk

The Turkish central bank cut its benchmark, one-week repo rate by 100 basis points to 39.5% on Thursday, citing an increase in the underlying trend of...

Turkish Central Bank Watchers Are Split on Bets for Rate Cuts

Turkey is expected to stick to its interest-rate cut cycle on Thursday, but economists are split on how much the central bank will ease borrowing costs, after inflation unexpectedly climbed and political commotion left investors on edge.

Turkey’s central bank cuts key rate by 100 basis points to 39.5 percent - Turkish Minute

The Turkish Central Bank lowered its benchmark interest rate by 100 basis points to 39.5 percent on Thursday, marking another step in its gradual monetary easing cycle, the state-run Anadolu news agency reported. In a statement following a Monetary Policy Committee meeting chaired by central bank governor Fatih Karahan, the bank said the one-week repo rate, which serves as the main policy rate, had been reduced from 40.5 percent to 39.5 percent.…