-4 C
New York
Friday, January 2, 2026

Turkey surprises with 100bp interest rate cut as inflation soars

Turkey has surprised markets with a 100 basis points interest rate cut even amid inflation of nearly 80 per cent, as the central bank loosens policy further to spur growth ahead of a general election next year. The bank had been expected to keep the rate at 14 per cent, which has already pushed …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

149,757FansLike
396,312FollowersFollow
2,560SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x