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✉news BusinessBanking first seen 16 h ago, last 11 h ago, peak #20

Turkey cuts key interest rates for first time since January

Original: Turkey slashes key interest rates for first time since January

Turkey's central bank has lowered its key interest rate, the first cut since January. The move marks a shift in monetary policy and is drawing attention from investors watching inflation and the lira. Analysts are weighing whether further easing will follow and what it means for Turkey's economic outlook.

Why now: A reversal in Turkish monetary policy has direct implications for inflation, the lira and emerging-market investors.

TurkeyCentral Bank of the Republic of Turkey

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