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Turkey's Central Bank

Turkey’s central bank governor says recent steps were ‘front loaded’

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 Central Bank cuts rates by 325 points to 16.5 percent: report

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...

Turkey’s central bank governor sees room for more interest rate cuts

Turkey’s central bank cut its inflation forecasts on Wednesday and new governor Murat Uysal said it has “considerable” room for maneuver on interest rates in coming...

Erdoğan says Turkey could face problems if central bank not overhauled: report

President Recep Tayyip Erdoğan said Turkey could face serious problems if its central bank is not completely overhauled after the dismissal of Governor Murat Çetinkaya, Reuters...

Turkey’s central bank hikes benchmark rate 125 basis points

The Turkish Central Bank (TCMB) raised its benchmark rate from 16.5 to 17.75 percent on Thursday, a move that was expected following an increase...

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