Residential sales up 20% One-third are new builds Interest rate cut expected Turkish house sales rebounded strongly in 2024, ...
Turkey’s central bank lowered its main interest ... lure back foreign investors who were deterred by years of low interest rates when the country was experiencing severe bouts of inflation.
Inflation in Turkey declined to 47.09 per cent in November from an annual high of 75 per cent in May, mainly due to tight monetary and fiscal policies as the central bank raised interest rates.
Turkey’s President Recep Tayyip Erdogan said interest rates will fall in 2025 as he once again stated his unconventional belief that lowering interest rates will slow down price increases. “We ...
ANKARA — Turkey’s Central Bank on Thursday lowered its interest rates by 250 basis points, from 50% to 47.5%, easing the monetary tightening policy of the past 18 months. “The decisiveness regarding ...
(Bloomberg) -- Turkey lowered interest rates for the first time in almost two years but said it would remain cautious about future cuts, with inflation only just below 50% and nearly 10 times the ...
ANKARA, Turkey — Turkey’s central bank lowered ... Most economists argue that higher interest rates help control inflation, but the Turkish leader had fired central bank governors for failing ...
President Recep Tayyip Erdoğan of Turkey, who turns 71 next month and is in his third decade as the nation’s leader, has an appetite for power that appears as healthy as ever. On Monday, he declared ...
Turkey will increase financial aid, Mr Erdogan said, with a once-off 5,000 liras (S$193) being awarded on the arrival of a ...
Turkey's retail sales continued to grow sharply in November and at a slightly slower pace compared to the previous month, the Turkish ...
President Recep Tayyip Erdogan marked the launch of Turkey’s “Year of the Family” with an attack on the LGBTQ+ community and ...
Emerging markets saw stock lows, with investors watching U.S. labor reports for interest rate clues. Despite fleeting ...