Turkey's central bank makes three-point cut to interest rates in return to easing
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最新报道：Turkey's central bank cut its key interest rate by 300 basis points to 15% in a surprise move, marking its first rate reduction since 2021 amid slowing inflation. Governor Fatih Erkan cited "improving price stability trends" as inflation dropped to 42% in June from 75% earlier this year. The lira weakened 1.5% against the dollar following the decision, which economists warn could reignite inflationary pressures. The bank signaled potential further easing if inflation continues declining, despite previous aggressive tightening that saw rates peak at 45%. Analysts remain divided on whether this pivot is premature given Turkey's history of volatile price growth.
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