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Turkey’s central bank to further cut policy rate in December, January: report

The Turkish Central Bank (TMCB) will cut its key interest rate by 300 basis points to 12 percent in its two upcoming meetings, and...

Reactions mount against another rate cut by Turkey’s central bank

Politicians, economists and social media users have criticized the Turkish Central Bank’s latest move to cut its policy rate by 100 basis points to...

Turkey’s central bank cuts interest rate by 200 basis to 12 pct: report

Turkey’s central bank cut its policy rate by 200 basis points to 12 percent on Thursday, a bit more than expected according to Reuters, and suggested...

Turkish Central Bank expected to cut key interest rate to 12.5 pct: report

Turkey’s central bank is expected to cut its key interest rate to 12.5 percent from 14 percent next week, sustaining an easing cycle designed to revive...

Turkish central bank chief says chances of more rate cuts are slim: report

Turkey’s central bank has used a significant part of its leeway for loosening monetary policy, Governor Murat Uysal said on Thursday, after the bank cut its...

Turkey’s central bank governor sees room for more interest rate cuts

Turkey’s central bank cut its inflation forecasts on Wednesday and new governor Murat Uysal said it has “considerable” room for maneuver on interest rates in coming...

Erdoğan says interest rate cut not enough, promises more

Turkish President Recep Tayyip Erdoğan has said an interest rate cut of 425 basis points by the country’s central bank on Thursday is not enough and...

New central bank governor hints interest rate cuts in first public remarks: report

Turkey’s new central bank governor hinted at rate cuts in his first remarks since taking office nine days ago, emphasizing that the bank had “room for...

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