MNI CBRT WATCH: Turkey CenBank Cuts 100Bp As Pressures Build

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Oct-23 12:17By: Luke Heighton
Central Bank of Republic of Turkiye+ 1

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The Central Bank of the Republic of Turkey slowed the pace of monetary easing from 250 basis points to 100 basis points on Thursday, with the latest cut leaving the policy rate at 39.5%, following an increase in the underlying trend of inflation in S...