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Turkish central bank cuts interest rates as inflation eases
Original: Turkish central bank cuts interest rates amid easing inflation | Daily Sabah
Turkey's central bank has lowered its policy interest rate, citing easing inflation in the country. The move signals a shift in monetary policy after a long period of tight rates aimed at reining in prices. Observers are watching closely to see whether the cut marks the start of a broader easing cycle and how it will affect the lira and living costs.
Why now: Turkey's monetary policy shift amid falling inflation has direct implications for the lira, prices and markets.
Central Bank of the Republic of TurkeyTurkey
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