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Turkey begins cutting rates
Turkey begins cutting rates after inflation-fighting drive
Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than expected, launching an easing cycle meant to leave behind protracted economic turmoil and a cost-of-living crisis.
Turkey cuts rates for first time in 22 months with jumbo reduction
Turkey’s central bank lowered its main interest rate for the first time in almost two years, pointing to slower consumer demand and the currency’s strength for a larger-than-expected cut of 250 basis points.
Analysts Rewrite Turkey Rates Path After Big Cut, Fewer Meetings
Analysts are now expecting the Turkish central bank to deliver sizable interest-rate cuts at every policy meeting in 2025 following Thursday’s bigger-than-expected reduction, despite officials cautioning against an uninterrupted easing cycle.
4h
Turkey aims to provide power to Syria, collaborate on oil, gas, newspaper says
Turkey aims to provide electricity to Syria and strengthen its power infrastructure, Energy Minister Alparslan Bayraktar was ...
19h
on MSN
Turkey’s central bank lowers key interest rate to 47.5%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...
7h
Turkey Eyes Role in Reviving Syria’s Oil and Gas Development
Turkey said it wants to help increase oil and natural gas production in Syria, the latest step in Ankara’s overtures for ...
New York Sun
22h
Turkey, in Concert With Syria, Aims To Redefine Maritime Boundaries in Its Favor
After Assad’s ouster earlier this month, Ankara is keener than ever to exploit energy resources under the Mediterranean Sea.
2d
on MSN
Turkey's soaring costs are creating a 'lost generation' of kids forced to help their families get by
In a dim one-room apartment in one of Istanbul’s poorest neighborhoods, 11-year-old Atakan Sahin curls up on a threadbare ...
2d
Turkey Raises Minimum Wage by 30%, Boosting Rate Cut Chances
Turkey raised the monthly minimum wage by 30%, a relief for investors looking for concrete steps to dial back populist ...
14h
on MSN
Eva Longoria Says Her Turkey-Stuffed Zucchini Boats Are Fun to Make and Eat
4. Using a small spoon, carefully scrape out seeds and soft core of each zucchini half; discard seeds. Season each “boat” ...
2d
on MSN
Hearts Melt Over Rescue Husky in 'Turkey Coma' After Finding Forever Home
"That is the way it should be for all dogs!" said one TikTok user after watching the clip of the pet sleeping off the ...
20m
on MSN
From Christmas pie to turkey stew: Top chefs share their best festive leftover suggestions
Three years ago, a Bolton-based chef came up with the idea for a giant Christmas dinner pie that was dubbed to be 'Northerner ...
2d
on MSN
How did the turkey became the star of Christmas dinners?
One tradition says it was King Henry VIII who elevated the turkey as the star of Christmas dinners. Another legend credits ...
Cyprus Mail
2h
Turkey eases policy after 18 months of tightening, lira weakens
Turkey's central bank cut its key interest rate by 250 basis points to 47.5 per cent on Thursday, a bit more than expected, ...
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