Turkey’s central bank stuck to its year-end inflation forecast and signaled that it’ll keep interest rates higher for longer to meet it. The bank is ready do “whatever is needed” to tame price ...
ANKARA, Turkey (AP) — Turkey’s central bank raised its key interest rate by an aggressive 7.5 percentage points on Thursday, a larger-than-expected boost that offers a new sign of a return to more ...
Turkey’s central bank left its benchmark interest rate in place for an eighth straight meeting and said there are positive signals on the country’s path toward lower inflation. The bank’s policy ...