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.

Turkey lowered its benchmark one-week repo rate from 45% to 42.5% on Thursday. The decision came after official data showed annual inflation dipping below 40% for the first time in nearly two ...

(Bloomberg) — Turkey’s central bank lowered its key interest rate for a third straight time, days after inflation data showed a faster-than-expected pace of cooling. The Monetary Policy Committee, led ...

(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 ...

Bank of America (BofA) revised its expectations for the Central Bank of the Republic of Turkey’s (CBRT) monetary policy, predicting a 200 basis point (bp) cut in the April meeting, a decrease ...