Turkey Steps Up Rate-Cut Pace After Softer Inflation Data

Turkey’s central bank cut interest rates for the fourth time in a row, accelerating the pace of reductions following ...
KFGO

Turkey cenbank cuts rates 150 pts to 38% on ‘improving’ signals

Turkey's central bank lowered its policy interest rate by 150 basis points to 38% on Thursday, cutting at the higher end of ...
bne IntelliNews on MSNOpinion

Turkey posts official November monthly inflation at below 1%

By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially moved down to 31.07% y/y in November from ...
RTÉ Ireland

Turkey inflation eases to 31.1% - official data

Turkey's annual inflation slowed in November to 31.1%, down from 32.87% in October, its lowest in four years, official data showed today.
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Turkey cuts interest rate to 42.5% after inflation hits two-year low

Turkey lowered its benchmark one-week repo rate from 45% to 42.5% on Thursday. The decision came after official data showed annual inflation dipping below 40% for the first time in nearly two years.
AOL

Turkey’s inflation problem is so severe the central bank just hiked interest rates to 50%, months after it said it was done raising rates

Americans are struggling to cope with interest rates around 5%, but in Turkey, consumers are facing borrowing costs 10 times as high. Turkey’s central bank shocked investors by hiking interest rates ...
U.S. News & World Report

Turkey Inflation Dips More Than Expected to Near 35% in May

ISTANBUL (Reuters) -Turkish annual inflation dipped a bit more than expected to 35.41% in May, official data showed on Tuesday, less than half the level that it reached a year earlier as tight ...
ING Think

Monitoring Turkey: Continuing upside risks to the inflation outlook

November CPI once again came in below expectations, while annual inflation continues its downward trend. But upside risks ...
Al-Monitor

Turkey’s inflation tops 75% but economy czar says 'worst is over'

A teller counts US dollar bills at an exchange office in Ankara, Turkey, July 20, 2023. — ADEM ALTAN/AFP via Getty Images ANKARA — Turkey's annual consumer inflation rate exceeded 75% in May, the ...
Yahoo

Turkey’s Inflation Spirals Closer to 70% in Worry for Peak Rates

(Bloomberg) -- Turkey’s annual inflation swung to a 15-month high with a faster pickup than forecast, an acceleration closely watched by a central bank that’s still on alert after ending interest-rate ...
Yahoo

Turkey’s Inflation Is Spiraling Near 70% With Rates at Peak

(Bloomberg) -- Turkey’s annual inflation probably swung to a 15-month high, an acceleration closely watched by a central bank that’s still on alert after ending interest-rate hikes. This year’s steep ...
Nasdaq

Turkey inflation hotter than expected at 67% in February

ISTANBUL, March 4 (Reuters) - Turkey's annual inflation rate climbed to 67.07% in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel ...