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Turkey Central Bank Cuts Rates

Turkey's central bank lowers benchmark interest rate to 45%

Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to 45% from the current 47.

Reuters · 14h

Turkey cenbank cuts rates by 250 points to 45% as expected

Turkey's central bank cut its key interest rate by 250 basis points to 45% as expected on Thursday, carrying on an easing cycle it launched last month alongside a decline in annual inflation that is seen continuing through the year end.

The Wall Street Journal on MSN · 14h

Turkey Central Bank Cuts Rates Again as Inflation Cools

The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bore fruit in cooler price rises.

Business Insider · 14h

Turkey Central Bank Slashes Rate For Second Straight Time

Turkey's central bank slashed its benchmark rate by 250 basis points for the second straight meeting on Thursday as inflation slowed

Seeking Alpha on MSN · 11h

Turkey cuts policy rate after indicators point to an increase in inflation

Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, statement. "While the underlying trend of inflation decreased in December,

Turkey mourns hotel fire dead

Reuters on MSN · 12h

Deadly Turkey hotel fire sparks safety concerns and political blame game

Outrage over alleged safety failures at a 12-storey hotel in Turkey has escalated into a political clash between the government and the opposition-run local authorities, after a fire killed 79 people and injured more than 50.

BBC on MSN · 1d

Turkey mourns hotel fire dead as efforts to identify them continue

A day of mourning is under way in Turkey for the 76 victims of a fire that engulfed a popular ski resort hotel in the country's north-west. The fire broke out at the wooden-clad 12-storey Grand Kartal Hotel in Bolu at 03:27 local time (00:27 GMT) during a busy holiday period when 234 people were staying there. It took 12 hours to put out.

Associated Press · 2d

Survivor recounts frantic escape from deadly fire at ski resort hotel in northwestern Turkey

A survivor of a fire that raged through a 12-storey hotel at a popular ski resort in northwestern Turkey described his frantic escape.

2don MSN

Fire tears through Turkey ski resort hotel, killing at least 10 people and injuring dozens more

Witnesses say guests at a ski resort hotel in Turkey tried to escape a fire that killed at least 10 people with ropes and ...

1don MSN

At least 76 people killed in a hotel fire at a ski resort in Turkey

Officials in Turkey say that a fire has raged through a 12-story hotel at a popular ski resort in the northwestern part of ...

1don MSN

Dozens killed as fire breaks out at ski resort hotel in northwestern Turkey

At least 66 people were killed and 51 injured as a fire ripped through a ski resort hotel in northwestern Turkey on Tuesday, ...

2don MSN

Turkey's opposition faces barrage of arrests, investigations

Turkish authorities have ramped up investigations and detentions of opposition figures, with three such actions on Monday ...

13hon MSN

Commercial flights between Turkey and Syria resume after 13 years

Commercial flights between Turkey and Syria have resumed after 13 years with a Turkish Airlines flight from Istanbul to ...

The Takeout on MSN10h

The Massive Turkey Recall That Was One Of The Worst In US History

As a high-risk food, raw meat often has to be recalled. That's exactly what happened in 2011 when a huge amount of contaminated turkey reached the market.

The Economist3d

Turkey is determined to expand its influence in the new Syria

No country has as much to gain from a stable Syria as Turkey, and few have as much to lose if it implodes. Turkey is home to ...

1don MSN

Turkey's pro-Kurdish party to meet jailed PKK leader again Wednesday

Turkey's pro-Kurdish DEM Party said it will send a delegation to meet Abdullah Ocalan, head of the outlawed Kurdistan Workers ...

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Turkey Central Bank Cuts Rates

Turkey mourns hotel fire dead

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