Turkey cuts interest rates by 150 basis points despite inflation at 83%
Turkish President Recep Tayyip Erdogan attends a press conference after his meeting with the Venezuelan President in Ankara on June 8, 2022. Adem Altan | AFP | Getty Images Turkey’s central bank lowered its key rate by 150 basis points for the third consecutive month of decline on Thursday, from 12% to 10.5% – despite …
Turkey cuts interest rates by 150 basis points despite inflation at 83% Read More »