Turkish President Tayyip Erdogan on Friday vowed to continue his opposition to interest rates, while saying Ankara was ...

ANKARA, Turkey — Turkey’s central bank raised its key interest rate by another 2.5 percentage points on Thursday, pressing ahead with a series of hikes aimed at combating inflation that ...

ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by a further 2.5 percentage points on Thursday, days after official figures indicated a slowdown in inflation that has ...

BRIAN CHEUNG: Well, time now for our Chart of the Day and we are talking about inflation, well, in Turkey where it's ... the surprise decision to cut interest rates from 14% to 13%, which by ...

President Erdogan previously argued against raising interest rates as a means of tackling high inflation Turkey's central bank has raised its main interest rate to 40% as part of a concerted ...

Turkey had launched the programme to reverse the effects of Erdogan's unorthodox views that interest rates cause inflation.

ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to ...