Turkish central bank extends easing cycle with 200-point cut
Turkey’s central bank cut its
benchmark interest rate by 200 basis points to 12% on Thursday,
a bit more than expected, in its fourth consecutive policy
easing to boost a recovery from recession after a sharp fall in
inflation.
benchmark interest rate by 200 basis points to 12% on Thursday,
a bit more than expected, in its fourth consecutive policy
easing to boost a recovery from recession after a sharp fall in
inflation.
Posted by Reuters
