Turkey’s central bank cut interest rates for the fourth time in a row, accelerating the pace of reductions following ...

ISTANBUL (Reuters) -Turkish annual inflation dipped a bit more than expected to 35.41% in May, official data showed on Tuesday, less than half the level that it reached a year earlier as tight ...

Turkey's central bank lowered its policy interest rate by 150 basis points to 38% on Thursday, cutting at the higher end of ...

We break down why Turkey’s economy is under growing strain. High inflation and a weakened lira have reduced purchasing power across the country. The Central Bank of the Republic of Turkey has relied ...

(Bloomberg) -- Turkey’s move to cut public spending in a bid to curb rampant inflation was largely shrugged off by investors, with questions raised over how much would actually be saved. Treasury and ...

ISTANBUL (Reuters) -Turkey's monthly inflation rate is expected to be 2.83% in October, driven by hikes in clothing and food prices, while the year-end annual inflation forecast rose to 32%, a Reuters ...

ANKARA — Turkey’s annual consumer inflation rate rose to 69.80% in April, according to official data published Friday. Up from 43.68% in April 2023, the figure marks Turkey’s highest rate in the past ...

A teller counts US dollar bills at an exchange office in Ankara, Turkey, July 20, 2023. — ADEM ALTAN/AFP via Getty Images ANKARA — Turkey's annual consumer inflation rate exceeded 75% in May, the ...

ISTANBUL, March 4 (Reuters) - Turkey's annual inflation rate climbed to 67.07% in February, exceeding expectations and keeping up pressure for tight monetary policy amid strong rises in food, hotel ...

Turkey’s annual inflation probably swung to a 15-month high, an acceleration closely watched by a central bank that’s still on alert after ending interest-rate hikes. This year’s steep minimum wage ...