Turkish President Recep Tayyip Erdoğan urged the
central bank on Tuesday to continue slashing interest rates, after it already
cut them by 1,000 points since July,...
Treasury and Finance Minister Berat Albayrak on
Thursday said the Turkish economy could see 4 percent growth in the fourth
quarter of this year, while the...
Turkey’s central bank
has cut its benchmark interest rate by 2.5 percentage points, deeper than
economists had expected, citing an improving inflation outlook, the Financial
Times reported....
President Recep Tayyip Erdoğan has said Turkey will
soon lower interest rates to single digits and that inflation will follow suit,
Bloomberg reported.
“We are lowering and...
Turkey's annual inflation is
expected to slip to 15.51 percent in August thanks to the "base
effect" measured against last year's spike, while monthly inflation is
expected...
The
Turkish Central Bank has decreased its forecast for yearend inflation from
15.01 percent to 14.42 percent while increasing its expectation for the value
of country’s national...
Turkey's inflation rose a bit less than expected to
16.65 percent in July after tax cuts on some goods expired, briefly disrupting
a downward trend that...
Turkey will see a downward trend in interest rates in
the coming days, the country's finance and treasury minister said on Tuesday,
according to the Hürriyet...
Turkey’s Chamber of Electrical Engineers (EMO) has announced
that energy prices have increased by more than 300 percent in the last 16
years, making Turkey first...
Treasury and Finance Minister Berat Albayrak on
Thursday claimed that Turkey’s inflation would drop to single digits in three
months’ time and that interest rates would...
Turkish inflation eased
to a lower-than-expected 18.71 percent in May, official data showed on Monday,
causing the lira to decline as investors worried that the central...
The Turkish Central Bank has increased its forecast
for yearend inflation from 16.23 percent to 16.68 percent while decreasing its
expectation on the value of country’s...
