Turkey’s Erdogan `Sees` Interest Rate Cut this Thursday

News About Turkey - NAT
0 Min Read

(Bloomberg) — Turkish President Recep Tayyip Erdogan says he “believes” the central bank will cut interest rates when its monetary-policy committee meets Thursday, state news agency Anadolu reported. Inflation will decelerate after rates are slashed, Erdogan said in an apparent reference to his personal belief that price gains slow when the cost of borrowing is reduced. Most economists think the

Share This Article
Founded by a small group of Turkish/Kurdish scholars who have been subjected to persecution at the hands of the Erdogan dictatorship, News About Turkey (NAT) has emerged as a platform that is both exceptional and invaluable. Our objective is to provide you with a comprehensive and sophisticated understanding of the events and developments in Turkey (Türkiye), a country with profound historical and geopolitical importance, a vibrant culture, and a strategic location. Our founders, who have been purged by the Erdogan regime after the so-called coup attempt, are aware of the significance of journalism that is both free and independent. Because of this understanding, we are committed to providing reporting and analysis that is both objective and comprehensive. To give you the most thorough coverage of Turkey, we go further than just scratching the surface. Keep in touch with us so that you can have a better understanding of Turkey's developing story as well as vital and comprehensive news items. Whether you are a resident of Turkey, a member of the Turkish/Kurdish diaspora, or simply someone who has a strong interest in this vital country, we are the most reliable source for news that not only informs but also inspires and engages you.
Leave a comment