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Turkey cuts interest rate to 36 percent in first reduction in 9 months

📍 Turkey, TR·🕐 4d ago·3 outlets

Turkey’s central bank cut its benchmark interest rate to 36 percent from 37 percent Thursday, its first reduction in nine months, citing easing inflation while warning that high energy prices remain a risk. The Monetary Policy Committee, led by Central Bank Governor Fatih Karahan, lowered the one-week repo rate by 100 basis points, or 1…

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[Claude] Report 2 covers the same Turkish central bank 100 basis point cut to 36 percent, and both agree on the rate and reasons.

4d ago
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91%

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