Turkey's Central Bank Slows Pace of Interest-Rate Cuts After Inflation Uptick
WSJยท2025-10-23 11:26
Core Point - The Central Bank of Turkey has reduced its benchmark interest rate from 40.5% to 39.5% [1] Group 1 - The decision reflects the Central Bank's ongoing monetary policy adjustments aimed at stimulating economic growth [1] - The reduction in the benchmark rate indicates a shift in the Central Bank's approach to managing inflation and economic stability [1]