Latest News

Dow Jones Newswires: Turkey central bank cuts policy rate to 9%


The Turkish central bank on Thursday reduced its benchmark rate to 9% from 10.5%, even as inflation reached its highest level in almost 25 years in October.

The bank was largely expected to cut interest rates to 9%.

The consumer price index–which measures what consumers pay for goods and services–increased 85.5% in October on year, quickening from a 83.5% rise in September.

Write to Maria Martinez at

*Czech Nov Consumer Confidence 76.0 Vs. 71.9 In October

Previous article

Australian Dollar Climbs As Fed Hints At Slowdown In Rate Hikes

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News