Turkey's central bank raises interest rate to 50% despite previous hints of end to hike cycle – CNBC
Turkey’s central bank on Thursday raised its key interest rate to 50% from 45%, citing the continued need to combat rising inflation in the country. Turkey’s annual consumer price inflation rate rose to 67% in February, raising concerns that Turkey’s central bank may have to return to tightening. A photo taken on August 14, 2018 […]