Turkey cuts interest rates to 42.5% after inflation falls to 2-year low

Financial Times

Financial Times

Summary

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The Central Bank has continued the easing cycle that it started in December by delivering another 250 basis points cut only days after data showed that annual inflation declined to its lowest level in February since July 2023.
Hürriyet Daily News
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Türkiye has been grappling with rising inflation for years.
XinhuaNet
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Slowdown in Turkey’s Inflation Sets Stage for Third Rate Cut
Bloomberg News
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The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth.
The Gazette

■ Story #215 ▪

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