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Turkey Central Bank Cuts Rates
Turkey's Central Bank Lowers Benchmark Interest Rate to 45%
A man carries a bag with groceries in a food street market at Uskudar neighbourhood in Istanbul, Turkey, Thursday, Jan. 23, 2025, same day as Turkey's central bank lowered its key interest rate by 2.5 percentage points to 45%. (AP Photo/Francisco Seco)
Turkey Central Bank Cuts Rates Again as Inflation Cools
The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bears fruit in cooler price rises.
Nigeria's central bank says GDP to grow 4.17% in 2025, inflation to ease
Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ongoing reforms and stabilising inflation.
Traders Pile Into Bets on Supersized Rate Cut from European Central Bank
Traders are placing big options bets on the European Central Bank delivering at least one half-point cut to interest rates by the middle of the year.
Turkey Central Bank Slashes Rate For Second Straight Time
Turkey's central bank slashed its benchmark rate by 250 basis points for the second straight meeting on Thursday as inflation slowed
Norway central bank keeps rate on hold, plans March cut
Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.50% on Thursday, as unanimously expected by analysts in a Reuters poll, and maintained plans to start cutting borrowing costs in March.
Turkey’s Central Bank Makes Second Straight Interest-Rate Cut
Turkey’s central bank delivered a second consecutive sizable interest-rate cut after headline inflation slowed more than expected in December.
Turkey Central Bank Lowers Key Rate For Second Meeting Straight
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Turkey cenbank cuts rates by 250 points to 45% as expected
Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is expected to continue.
Turkey Cuts Benchmark Interest Rate To 45%
Turkey's central bank on Thursday lowered its key interest rate to 45 percent after inflation weakened further last month, though it said prices could have started rising again in January.
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