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Turkey Central Bank Cuts Rates
Turkey’s central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%. The decision on Thursday marked the second rate cut in a row and came as inflation slowed.
Turkey Central Bank Cuts Rates Again as Inflation Cools
The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bears fruit in cooler price rises.
Turkey Central Bank Slashes Rate For Second Straight Time
Turkey's central bank slashed its benchmark rate by 250 basis points for the second straight meeting on Thursday as inflation slowed
Turkey cenbank cuts rates by 250 points to 45% as expected
Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is expected to continue.
Turkey cuts policy rate after indicators point to an increase in inflation
Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, statement. "While the underlying trend of inflation decreased in December,
5h
on MSN
Deadly Turkey hotel fire sparks safety concerns and political blame game
Outrage over alleged safety failures at a 12-storey hotel in Turkey has escalated into a political clash between the ...
1d
on MSN
At least 76 people killed in a hotel fire at a ski resort in Turkey
Officials in Turkey say that a fire has raged through a 12-story hotel at a popular ski resort in the northwestern part of ...
1d
on MSN
Dozens killed as fire breaks out at ski resort hotel in northwestern Turkey
At least 66 people were killed and 51 injured as a fire ripped through a ski resort hotel in northwestern Turkey on Tuesday, ...
1d
on MSN
Turkey mourns hotel fire dead as efforts to identify them continue
A day of mourning is under way in Turkey for the 76 victims of a fire that engulfed a popular ski resort hotel in the country ...
6h
on MSN
Commercial flights between Turkey and Syria resume after 13 years
Commercial flights between Turkey and Syria have resumed after 13 years with a Turkish Airlines flight from Istanbul to ...
2d
Turkey's house sales rose more than 20% last year
Home sales in Turkey climbed 20.6% in 2024 compared to a year ago, even as sales to foreigners tumbled 32.1%, Turkish ...
The Economist
2d
How Turkey plans to expand its influence in the new Syria
No country has as much to gain from a stable Syria as Turkey, and few have as much to lose if it implodes. Turkey is home to more than 3m Syrian refugees, and wants Syria to be safe enough for many to ...
6d
Syrians in Turkey Agonize Over a Return Home
As it became increasingly clear that Syrians were not imminently leaving Turkey, the Turkish government formalized the ...
4d
Why Turkey is so influential in post-Assad Syria
Turkey has emerged as one of the most influential power brokers in Syria after rebels toppled Bashar al-Assad last month, ...
Al-Monitor
20h
Rubio and Fidan hold first call as Turkey's role expands in Syria
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It ...
22h
Deadly Hotel Fire at Turkish Ski Resort Stirs Grief and Outrage
Some had returned to the hotel year after year. Their deaths — amid dozens of others at the hotel — have stirred grief and ...
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