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Turkey , Wednesday 14 October 2026

Turkey’s inflation problem is so severe the central bank just hiked interest rates to 50%, months after it said it was done raising rates

Published on: Thursday 21 March 2024

Turkey’s inflation problem is so severe the central bank just hiked interest rates to 50%, months after it said it was done raising rates “The decision to respond so quickly...is clearly a very encouraging signal for the policy shift and should help to maintain investor confidence,” Capital Economics’ Liam Perch wrote in a Thursday note.


News source: https://finance.yahoo.com/news/turkey-inflation-problem-severe-central-204721084.html

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