Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs

Apr 17, 2025 - 06:30
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Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs
Turkey’s central bank has raised its key interest rate by 3.5 percentage points and halted a three‑month easing streak as it confronts stubborn inflation and financial turbulence following the arrest of Istanbul’s mayor and aftershocks of global tariffs

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