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....
The head of Turkey’s central bank on Wednesday
described recent policy steps as “front loaded,” after the bank slashed its key
interest rate by 750 basis...
Turkish house sales increased 5.1 percent year-on-year
in August after seven consecutive months of declines, official data showed on
Wednesday, following the central bank’s move in...
Turkey’s
central bank cut its policy rate by 325 points to 16.5 percent on Thursday,
roughly as expected, its second marked policy easing in two months...
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...
Turkish house sales fell 17.5 percent year-on-year in
July, the seventh consecutive month of declines, according to official data
released on Tuesday, with an economic slowdown...
Turkey’s central bank has dismissed its chief
economist, Hakan Kara, and some department managers, according to a document
seen by Reuters, re-igniting concern about political interference...
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 central bank sharply cut its key interest
rate by a more than expected 425 basis points to 19.75 percent on Thursday to
spur a recession-hit...
In a meeting with his party’s deputies Turkish
President Recep Tayyip Erdoğan said he sacked the central bank governor for
rejecting the government’s repeated demands for...
Turkish President Recep Tayyip Erdoğan sacked the
governor of the central bank on Saturday as differences between them deepened
over the timing of interest rate cuts...
