Ankara is too important an ally to alienate, no matter what happens on the streets of Istanbul, politicians and officials ...

Turkey’s central bank has lowered its key interest rate by a further 2.5 percentage points days after official figures indicated a slowdown in inflation that has eroded households’ purchasing power.

(Bloomberg) — Turkey’s central bank is preparing to cut its main interest rate for a third consecutive meeting, seizing momentum from better-than-anticipated February inflation data. The Monetary ...