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Turkish CB Raises Rate To 45%, Signals End To Tightening Cycle

Turkey's central bank announced a further hike in the key interest rate, as expected, on Thursday with the aim of ensuring a decline in the underlying trend of inflation and returning it to the 5 percent target in the medium term, while signalling the end of its tightening cycle.

Republic of turkeyHafize gaye erkanMonetary policy committee of the central bankMonetary policy committeeCentral bankGovernor hafize gaye erkanLiam peachInterest ratesRate decisionCentral banksUrkey interest rateUrkey rate decisionUrkey key rate

Erdogan Backs Economy Team After Claims Against Central Bank Chief

Erdogan Backs Economy Team After Claims Against Central Bank Chief
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Turkey Lira Debt Still Isn t a Buy, Fund Manager Amundi Warns

(Bloomberg) Foreign investors will steer clear of Turkish lira bonds until inflation reverses course and decelerates, according to Europe’s biggest asset manager, a distant prospect that suggests inflows likely won’t materialize until mid-year at best.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionIndia Tops Hong Kong as World’s Fourth-Largest Stock MarketHong Kong Stocks at 36% Discount Show True Depth of China GloomFlorida Governor DeSantis Drops Out

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Turkey Lira Debt Still Isn t a Buy, Fund Manager Amundi Warns

Turkey Lira Debt Still Isn t a Buy, Fund Manager Amundi Warns
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Sergei strigoHafize gaye erkanTayyip erdoganTugce ozsoyGovernor hafize gaye erkanPresident recep tayyip erdogan

Take Five: And we re off -January 22, 2024 at 02:58 am EST

Big central banks are kicking off their first meetings of 2024 with the Bank of Japan and European Central Bank gathering in coming days, while in emerging markets Turkey takes centre stage. .

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