Turkey Cuts Interest Rates as Inflation Slows Below 40%

25.03.06

Turkey’s central bank cut its key interest rate from 45% to 42.5%, marking its third straight reduction. This follows news that annual inflation has dropped below 40% for the first time in nearly two years, reaching 39.05% in February (down from 42.12% in January). This offers some relief to households…

Share This Article

Choose Your Platform: Facebook Twitter Linkedin