Erdogan advises central bank to cut rates at meetings ...Kuwait

Turkish President Tayyip Erdogan said on Thursday he had advised the central bank to lower its policy rate at its upcoming meetings, a day after saying he expects interest rates to come down to single digits by year-end. Turkey's central bank cut its policy rate by 200 basis points to 12% in the last two months, delivering shocks to markets after inflation surged to 80% in August. The rate cuts are part of Erdogan's unorthodox policy of lowering rates to lower inflation. An easing cycle at the end of last year sparked a currency crisis stoking inflation, which is now at 24-year highs. Speaking at the general assembly of a merchants' confederation, Erdogan repeated his

Read More Details
Finally We wish PressBee provided you with enough information of ( Erdogan advises central bank to cut rates at meetings )

Also on site :

Trump says reconciliation with Musk is possible in interview before Tesla boss’s apology
US condemns multi-nation sanctions on far-right Israeli ministers
What we know about aid queue killings in Gaza

Erdogan advises central bank to cut rates at meetings ...Kuwait

Not-so-hot pursuit of burglary suspect sees police cars chase tractor excavator at walking pace

Is Trump's immigration bet working?

‘The Batman 2’ Is ‘Still Really Important Despite Stories to the Contrary,’ Says James Gunn Amid Rumors of Sequel Being Axed: ‘We’re Supposed to See the Script Shortly’

Trader Joe's Just Brought Back This Fan-Favorite Summer Item, and It's the Best $4 You'll Spend All Season

Illegal parking riles residents on Brighton estates

Karoline Leavitt's Truth Nukes Leave Multiple Mushroom Clouds Over Gavin Newsom, Karen Bass and the Dems

Trying test awaits the game’s best at Oakmont for U.S. Open

Fat Joe & Jadakiss Host Father’s Day Lunch for 70 Families Impacted by Criminal Justice System

David Harbour Is More Than Ready for ‘Stranger Things’ to Be Over

Meet A Scientologist Imagines the Future with Artist and Visionary Trish Duggan

INA vs CAB Dream11 Prediction Today Match, Dream11 Team Today, Fantasy Cricket Tips, Playing XI, Pitch Report, Injury Update- Cambodia Tour of Indonesia 2025, 2nd and 3rd T20I

NTSB says it expects preliminary report on Cessna crash off Point Loma next month

R. Kelly Seeks Release From Prison, Claiming Officers Tried to Have Him Killed by Fellow Inmate

With Downtown LA under curfew, here’s a sampling of what is open, closed or postponed

Poll: Americans Really, Really Hate Trump’s Big Beautiful Bill