Turkey's Central Bank surprises markets with sharp rate cut

Turkey's central bank lowers key interest rate to under 50%
The country's central bank cited slowing inflation, down from 85% in late 2022 to 47% last month, in its decision.
Egypt central bank keeps overnight interest rates steady
Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.
Russian central bank surprises markets by holding key rate at 21%
Russia’s central bank on Friday left its key interest rates unchanged at 21%, citing monetary tightness as Moscow wages its ongoing battle with sky-scraping inflation.
Here's what we now know about the European Central Bank's rate cut plans
Policymakers in Frankfurt indicated a clear dovish shift, but exactly where they will stop rate cuts remains a topic of debate.
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine.
Russian Central Bank Surprises by Leaving Key Rate at 21%
Russia’s central bank left its key interest rate unchanged as it struggles to contain a surge in inflation driven by the diversion of men and material to prosecute Vladimir Putin’s invasion of Ukraine.
Turkey's Central Bank surprises markets with sharp rate cut as inflation eases
The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it down to 47.5%. The move exceeded economists' forecasts of a 150-basis-point reduction and marked a shift in monetary policy after eight consecutive meetings.
Turkish central bank cuts rates after 18-month tightening drive
Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, at the top end of expectations, launching an easing cycle meant to leave behind protracted economic turmoil and a cost-of-living crisis.
Lending may have slowed 'faster than necessary' in Russia's inflation fight, says central-bank official
Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending ...
Indian banks' balance sheets stay robust, bad loans decline more, central bank report says
Indian banks' financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their ...
Botswana central bank flags 'minimal’ risks from crypto but urges regulation
Botswana’s central bank said that as local crypto markets remain underdeveloped, crypto poses minimal risks to its financial ...
Indonesia Central Bank Cooperates With Graft Probe of CSR Funds
Bank Indonesia Governor Perry Warjiyo vowed to cooperate with a corruption probe of the central bank, which was raided ...
Exclusive-Mexico central bank could weigh rate cut of 25 or 50 bps in February, deputy governor says
Mexico's central bank board could discuss a rate cut of either 25 basis points or 50 basis points in its next decision in ...