Coverage dated August 17, 2022

Turkey central bank cuts rate despite soaring inflation

Headline from Digital Journal

Turkey's central bank on Thursday stunned the markets by lowering its main interest rate even as inflation soared to a 24-year high and looks set to climb

Digital Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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7 articles, oldest first.

Digital Journal
Turkey central bank cuts rate despite soaring inflation (opens Digital Journal)
Published Aug 17, 2022
Digital Journal's feed description
Turkey's central bank on Thursday stunned the markets by lowering its main interest rate even as inflation soared to a 24-year high and looks set to climb
WTOP Washington DC
Turkey lowers interest rate even as inflation soars to 80% (opens WTOP Washington DC)
Published Aug 17, 2022
WTOP Washington DC's feed description
Turkey’s central bank on Thursday lowered its key interest rate despite inflation surging to nearly 80% and making it difficult for people to buy what they need.
Al-Monitor
Turkey cuts interest rates as Erdogan continues to defy economic wisdom (opens Al-Monitor)
Published Aug 17, 2022
Al-Monitor's feed description
President Recep Tayyip Erdogan continues to lower interest rates to stimulate economic growth as inflation runs rampant in Turkey.
Deutsche Welle
Turkey cuts interest rates again, even amid 80% inflation | DW (opens Deutsche Welle)
Published Aug 17, 2022
Deutsche Welle's feed description
Turkey's counterintuitive economic policy encouraged by its president shows no sign of abating. Its central bank has again cut interest rates amid rampant inflation, causing the lira to take a hit.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.