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Turkey's central bank cuts policy rate to 36 percent
Original: Türkiye’s Central Bank cuts policy rate by 100bps to 36 percent
Turkey's central bank has lowered its policy rate by 100 basis points to 36 percent, according to Hürriyet Daily News. The move continues an easing cycle as Turkish policymakers weigh high inflation against signs of cooling price growth, and markets will be watching for signals on how far and fast further cuts may go.
Why now: The rate decision has direct consequences for inflation, the lira and borrowing costs, making it a major economic story.
Central Bank of the Republic of TürkiyeTürkiye
Evidence
- Türkiye’s Central Bank cuts policy rate by 100bps to 36 percent · Hürriyet Daily News
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