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Coverage dated August 23, 2023

Turkey’s Central Bank Raises Rates More Quickly Than Expected

Headline from Wall Street Journal

The interest rate increase came after criticism that the central bank was moving too slowly to correct sky-high inflation.

Wall Street 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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Reports & sources

8 articles, oldest first.

  1. Wall Street Journal

    Turkey’s Central Bank Raises Rates More Quickly Than Expected (opens Wall Street Journal)

    Published

    Wall Street Journal's feed description

    The interest rate increase came after criticism that the central bank was moving too slowly to correct sky-high inflation.

  2. New York Times

    Turkey’s Central Bank Raises Rates to Near Two-Decade High (opens New York Times)

    Published

    New York Times's feed description

    The bigger-than-expected rate increase, to 25 percent, is aimed at curbing stubbornly high inflation that exceeded 80 percent last year.

  3. WHEC Rochester

    Turkey's central bank hikes key interest rate to 25% to combat inflation, in a new sign of normalizing economic policy (opens WHEC Rochester)

    Published

    WHEC Rochester's feed description

    Turkey's central bank hikes key interest rate to 25% to combat inflation, in a new sign of normalizing economic policy.

  4. KXAN Austin

    Turkey’s central bank unleashes a big interest rate hike in another sign of an economic shift (opens KXAN Austin)

    Published

    KXAN Austin's feed description

    ANKARA, Turkey (AP) — Turkey’s central bank raised its key interest rate by an aggressive 7.5 percentage points on Thursday, a larger-than-expected boost that offers a new sign of a return to more …

  5. France 24

    Turkey surprises with huge interest rate hike (opens France 24)

    Published

    France 24's feed description

    Turkey's central bank on Thursday delivered a huge surprise by raising the interest rate to 25 percent as part of a transition from President Recep Tayyip Erdogan's era of unorthodox economics.

  6. NBC New York

    Turkey surprises with bigger-than-expected interest rate hike to 25% in bid to tame inflation (opens NBC New York)

    Published

    NBC New York's feed description

    Turkey’s central bank on Thursday hiked interest rates by more than expected to 25% in bid to tame red-hot inflation.

  7. Al Jazeera

    Turkey makes bigger than expected interest rate hike, targets inflation (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    Turkey’s 25 percent interest rate hike received well by investors who want Ankara to move away from previous policies.

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

Turkey’s Central Bank Raises Rates More Quickly Than Expected | Since Then