Turkey Central Bank Cuts Rates

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's central bank lowers benchmark interest rate to 45%
ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing.
Turkey central bank cuts interest rate following inflation slowdown
Turkey's central bank has made a noteworthy move by cutting its interest rate for the second time in a row. This decision comes in the wake of a more significant than anticipated slowdown in headline inflation in December.
Turkey Cuts Benchmark Interest Rate To 45%
Turkey's central bank on Thursday lowered its key interest rate to 45 percent after inflation weakened further last month, though it said prices could have started rising again in January.
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 seen continuing through the year end.
Turkey's central bank cuts rates to 45% as expected
Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected today, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is seen continuing through the year end.
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
Turkish Central Bank delivers expected 250bp rate cut
At the year’s first MPC meeting, the Central Bank of Turkey (CBT) continued its easing cycle, which began in December, with another 250bp rate cut, bringing the policy rate to 45%, as anticipated. The accompanying statement highlighted a decline in the underlying trend in December but noted a temporary increase in January
Turkish central bank cuts rates by 250 bps to 45% as expected
In a Reuters poll, all 13 respondents forecast a cut to 45% from 47.5% in the one-week repo rate. They expect it to hit 30% by year end, according to the poll median
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,
Turkey cuts interest rate by 250 basis points
Interest rate down to 45% 30% expected by year end Inflation falling 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.
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