Emerging Markets: Central Banks Slash Rates
Emerging markets see 14 out of 18 central banks cutting rates, highlighting a 250 bps reduction by Turkey. Explore the impact on global finance.
Topic
Turkey
A collection of 12 issues
Erdogan Signals Rate Cuts in 2025
President Erdogan's commitment to reduce interest rates in 2025 could influence Turkey's central bank to adopt a more accommodative monetary policy.
Turkey's Inflation Rate Drops to 44.4% in December
Turkey's inflation rate decreased to 44.4% in December, surpassing expectations. Explore the implications of this lower-than-expected inflation drop.
Turkey Proposes 10-Year Limit for Bank CEOs Amid Scandal
Turkey's banking regulator aims to cap bank CEO tenures at 10 years to prevent future Ponzi scheme scandals. This move seeks to enhance financial sector integrity.
Turkey's Inflation Drops to 47% in November
Inflation in Turkey has decreased to 47% in November, down from a peak of 85% in late 2022, reflecting economic policy impacts. Discover more insights.
Turkey's Central Bank Hikes Rates to 50%
Turkey's central bank drastically increased interest rates from 8.5% to 50% between May 2023 and March 2024, impacting monetary policy and economic outlook.
Turkey's Central Bank Cuts Key Rate to 47.5%
Turkey's central bank reduces its key interest rate by 2.5% to 47.5%, aiming to stimulate economic growth. Discover the implications for Turkey's economy.
Turkish Lira Steady, Borsa Istanbul Gains
The Turkish lira remains stable, dipping 0.1%, as the Borsa Istanbul 100 Index sees a 1% rise. Explore Turkey's currency and stock market trends.
Turkey's Central Bank Cuts Key Interest Rate to 47.5%
Turkey's central bank has reduced its one-week repo rate from 50% to 47.5%, marking the first cut in nearly two years. Explore the implications for Turkey's economy.
Turkey's Central Bank Set to Slash Rates to 48.25%
Turkey's central bank is poised to cut its benchmark interest rate to 48.25% from 50%, impacting Turkey's economic landscape and financial markets.