Turkey's Central Bank Cuts Interest Rate for Second Straight Meeting

Core Viewpoint - The central bank is reducing its benchmark interest rate to 40.5% from 43% due to a continued decline in inflation in the country [1] Group 1 - The benchmark rate will be lowered to 40.5% [1] - The previous benchmark rate was 43% [1] - The decision is influenced by the trend of decreasing inflation [1]