The global tide of interest rate cuts has begun! Another 425 basis point cut in interest rates

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The global tide of interest rate cuts has begun! Another 425 basis point cut in interest rates

SMM News: the Bank of Turkey announced a sharp cut in the one-week repo rate by 425 basis points, the biggest rate cut since 2002 and the bank's first

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SMM News: the Bank of Turkey announced a sharp cut in the one-week repo rate by 425 basis points, the biggest rate cut since 2002 and the bank’s first rate cut since 2016. Turkey’s central bank cut its benchmark seven-day repo rate to 19.75 per cent 24 per cent, well ahead of market expectations of 250 basis points to 21.5 per cent. In a publi […]

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