US EditionPublished • loading... • Updated
Turkey trims key interest rate to 38%
Summary by RTÉ
4 Articles
4 Articles
The New ArabReposted by 
turkishminute.com
turkishminute.comTurkey trims key interest rate to 38 percent
Turkey's central bank said Thursday it had cut its key interest rate to 38 percent as annual inflation figures slow. At a policy meeting, the bank "decided to reduce the policy rate from 39.5 percent to 38 percent," it said in a statement. The bank said following an increase in September, the underlying trend of inflation declined slightly in October and November. Turkey's annual inflation slowed in November to 31.1 percent, down from 32.87 perc…
·London, United Kingdom
Read Full Article
The Central Bank lowered its policy interest rate by 150 basis points to 38 percent. TIM President Gültepe stated that a 150-point reduction was insufficient and that interest rates should be brought to production-friendly levels.
·Türkiye
Read Full ArticleCoverage Details
Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
