ANKARA, Turkey (AP) — Turkey’s central bank lowered its key ... Most economists argue that higher interest rates help control ...

Inflation in Turkey declined to 47.09 per cent in November from an annual high of 75 per cent in May, mainly due to tight monetary and fiscal policies as the central bank raised interest rates.

Turkey’s President Recep Tayyip Erdogan said interest rates will fall in 2025 as he once again stated his unconventional belief that lowering interest rates will slow down price increases. “We ...

Turkey’s central bank lowered its main interest ... lure back foreign investors who were deterred by years of low interest rates when the country was experiencing severe bouts of inflation.

Turkey's retail sales continued to grow sharply in November and at a slightly slower pace compared to the previous month, the Turkish ...

Turkey will increase financial aid, Mr Erdogan said, with a once-off 5,000 liras (S$193) being awarded on the arrival of a ...

ANKARA — Turkey’s Central Bank on Thursday lowered its interest rates by 250 basis points, from 50% to 47.5%, easing the monetary tightening policy of the past 18 months. “The decisiveness regarding ...

(Bloomberg) -- Turkey lowered interest rates for the first time in almost two years but said it would remain cautious about future cuts, with inflation only just below 50% and nearly 10 times the ...

ANKARA, Turkey — Turkey’s central bank lowered ... Most economists argue that higher interest rates help control inflation, but the Turkish leader had fired central bank governors for failing ...