Turkey Cuts Interest Rates for First Time Since March as Inflation Slows
Summary by Sada El Balad
2 Articles
2 Articles
The Central Bank of the Republic of Turkey (CBRT) resumed the interest rate cuts it had suspended in March 2025 yesterday with a surprising decision. While the market was receptive to a 250 basis point cut, the bank, with a tweaked 300 basis point cut, sent everyone the message they needed to heed. The decision text indicated that it would maintain disciplined credit expansion, maintain above-inflation returns on the Turkish Lira, and, if necess…
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