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Turkish central bank raises interest rate to 42 5% to combat high inflation

Turkish central bank raises interest rate to 42 5% to combat high inflation
thetelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetelegraph.com Daily Mail and Mail on Sunday newspapers.

Tayyip erdoganHafize gaye erkanBartosz sawickiCagri kutmanMehmet simsekMerrill lynchPresident recep tayyip erdogan

ANALYSIS -Investors look beyond Turkey rate hike disappointment, for now

Turkey has under-delivered on rate hikes for a second month, but foreign investors are as yet unfazed and expect fresh money flows, cooling domestic credit and rising currency reserves to provide some.

City ofUnited kingdomUnited arab emiratesJohn stonestreetHafize gaye erkanPaul mcnamaraCagri kutmanTayyip erdoganEmre akcakmakNick eisingerKarin stroheckerRepeats fridayGovernor hafize gaye erkanPresident tayyip erdoganLiam peach

Investors look beyond Turkey rate hike disappointment, for now

Investors look beyond Turkey rate hike disappointment, for now
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

City ofUnited kingdomUnited arab emiratesKarin stroheckerJohn stonestreetNick eisingerTayyip erdoganEmre akcakmakHafize gaye erkanCagri kutmanPaul mcnamaraGovernor hafize gaye erkanPresident tayyip erdoganLiam peach

Investors look beyond Turkey rate hike disappointment, for now

Turkey has under-delivered on rate hikes for a second month, but foreign investors are as yet unfazed and expect fresh money flows, cooling domestic credit and rising currency reserves to provide some.

City ofUnited kingdomUnited arab emiratesNick eisingerPaul mcnamaraHafize gaye erkanTayyip erdoganCagri kutmanEmre akcakmakKarin stroheckerJohn stonestreetGovernor hafize gaye erkanPresident tayyip erdoganLiam peach

Market Is Resigned to Downshift in Turkish Rate Hikes

(Bloomberg) Turkey’s first interest-rate hike in over two years was a lesson for economists who widely expected a more aggressive pivot by the central bank from an era of ultra-loose monetary policy. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Investor

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