Turkey's central bank hikes key interest rate again to 45% to battle inflation

9 articles, oldest first.

1. WFMZ Allentown

   Turkey's central bank hikes key interest rate again to 45% to battle inflation ↗ (opens WFMZ Allentown)

   Published Jan 24, 2024

   Same headline from 3 more outlets

   WFMZ Allentown's feed description

   Turkey’s central bank has raised its key interest rate by another 2.5 percentage points. The move was the latest in a series of rate increases aimed at combating inflation that

2. NBC10 Philadelphia

   Turkey hikes interest rate again to 45% after inflation nears 65% ↗ (opens NBC10 Philadelphia)

   Published Jan 24, 2024

   Same headline from 2 more outlets

   NBC10 Philadelphia's feed description

   The rate hike comes amid an ongoing battle against double-digit inflation for Turkey’s monetary policymakers.

3. Green Field Reporter

   Turkey's central bank hikes key interest rate again to 45% to battle inflation - The Daily Reporter ↗ (opens Green Field Reporter)

   Published Jan 24, 2024

   Green Field Reporter's feed description

   ANKARA, Turkey (AP) — Turkey’s central bank raised its key interest rate by another 2.5 percentage points on Thursday, pressing ahead with a series of hikes aimed at combating inflation that reached nearly 65% in December. The bank brought its benchmark rate to 45%.

4. Al-Monitor

   Turkey’s Central Bank raises interest rates to 45% ↗ (opens Al-Monitor)

   Published Jan 24, 2024

   Al-Monitor's feed description

   A pause in hikes will follow, ahead of upcoming local elections in March, when Turkish President Recep Tayyip Erdogan is looking to regain control of key cities.

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