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Turkiets centralbank
Unchanged interest rate in Turkey
Turkey's central bank leaves the interest rate unchanged at 50 percent, according to the latest interest rate decision. The decision was in line with analysts' expectations, according to Bloomberg's compilation.
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.
Turkish inflation falls to 52 percent
Consumer prices in Turkey rose by 2. 5 percent in August compared to the previous month.
Turkey's sky-high inflation drops
Inflation in Turkey decreased in June. The decline is the first in eight months.
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 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.
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