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Turkiets centralbank

ECB expected to initiate wave of interest rate cuts

The European Central Bank (ECB) is expected to lower its key interest rate by 0. 25 percentage points on Thursday.

ECB expected to initiate wave of interest rate cuts

Turkish inflation falls to 52 percent

Consumer prices in Turkey rose by 2. 5 percent in August compared to the previous month.

Turkish inflation falls to 52 percent

Turkey's sky-high inflation drops

Inflation in Turkey decreased in June. The decline is the first in eight months.

Turkey's sky-high inflation drops

Turkish interest rate remains at 50 per cent

Turkey's central bank is leaving the interest rate unchanged at 50 per cent, for the third month in a row. The announcement is in line with market expectations, where economists at major banks such as Bank of America and Morgan Stanley are counting on an interest rate cut in Turkey not until the end of the year or early 2025.

Turkish interest rate remains at 50 per cent

Turkish inflation reaches new heights

Turkey's fight against inflation is going nowhere. In May, inflation rose, price changes on an annual basis to a whole 75 percent, according to official statistics.

Turkish inflation reaches new heights