Turkish policymakers are no strangers to unexpected action when in a tight corner, but analysts said Thursday’s surprise interest rate hike could herald a change of tack on monetary policy. Although raising rates

trendekonomi 0 Mart 24, 2023 3:50 pm

By Karin Strohecker LONDON (Reuters) - Turkish policymakers are no strangers to unexpected action when in a tight corner, but analysts said Thursday's

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Turkish central bank raises policy rate to 10.25% in surprise move

By Karin Strohecker LONDON (Reuters) – Turkish policymakers are no strangers to unexpected action when in a tight corner, but analysts said Thursday’s surprise interest rate hike could herald a change of tack on monetary policy. Although raising rates by 200 basis points during a global pandemic and slump is unusual, analysts welcomed the Central B […]