Turkey cuts interest rate to 42.5% after inflation hits two-year low

Turkey’s central bank lowered its key interest rate by 2.5 percentage points on Thursday, its third consecutive cut, reacting to a slowdown in inflation in the country.

Turkey cuts interest rate to 42.5% after inflation hits two-year low
Turkey’s central bank lowered its key interest rate by 2.5 percentage points on Thursday, its third consecutive cut, reacting to a slowdown in inflation in the country.

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