Turkey cuts rates for first time in 22 months

Turkey begins cutting rates after inflation-fighting drive
Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than expected, launching an easing cycle meant to leave behind protracted economic turmoil and a cost-of-living crisis.
Sticky inflation creates rift at Fed over how much to cut rates
Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no longer agree on how high to keep U.S. interest rates to achieve their goal.
Turkey cuts rates for first time in 22 months with jumbo reduction
Turkey’s central bank lowered its main interest rate for the first time in almost two years, pointing to slower consumer demand and the currency’s strength for a larger-than-expected cut of 250 basis points.
Turkish CB Cuts Interest Rate For First Time Since Early 2023
Turkey's central bank lowered its key policy rate on Thursday, signaling a start to the easing cycle, after maintaining the key
Wall Street Split on Turkey’s Likely First Rate Cut in Years
Turkey’s central bank is expected to deliver its first interest rate cut in nearly two years on Thursday, with major banks divided on the size of the reduction.
Turkey launches monetary easing cycle with 250bp rate cut
By Akin Nazli in Belgrade The monetary policy committee (MPC) of Turkey’s central bank on December 26 cut its policy rate by 250bp to 47.5% (chart). The market was aware that a rate cut was on the cards.
Turkey cuts interest rates marking first reduction in nearly two years
Turkey's central bank has reduced interest rates for the first time since February last year after indications of easing consumer inflation. The Monetary Policy Committee, led by governor Fatih Karahan,
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Holiday Retail Sales Rise Despite Ongoing Inflation
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What does 2025 hold for interest rates, inflation and the American consumer?
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Inflation was the cause, not the result, of the ‘hot’ labor market, research shows
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Getting your budget right after the holidays? These inflation-proof groceries could help
NerdWallet estimates that food prices have risen 28%. Even with inflation beginning to slow, prices are still up.
Bank of Thailand Sees Inflation in 1% to 3% Range Through 2026
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The Federal Reserve Admits They Think Inflation Is About To Go Up
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Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central-bank official
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