Turkey’s central bank probably won more time before having to consider another increase in interest rates, a month after surprising markets with a big hike and delivering additional tightening since then. | World News
Emerging-market stocks and currencies closed lower on Monday after fresh US factory data caused traders to reassess bets on interest rate cuts in the world’s largest economy, weighing on risk appetite.
Turkish Inflation Quickens to Highest Level in 2023 bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Turkey Delivers Another Big Rate Hike as Inflation Spirals bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Turkey’s newly-installed central bank Governor Hafize Gaye Erkan will step into the spotlight for the first time on Thursday when she unveils fresh inflation forecasts, a fraught moment for an institution still struggling to regain credibility under her stewardship.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Off