Fatih Karahan

Governor, Central Bank of the Republic of Turkey

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Turkey's central bank cuts policy rate to 36%, first cut in nine months

Money Moves

Chairs the Monetary Policy Committee

Turkey's central bank cut its policy rate by 100 basis points to 36% on Thursday, the first reduction in nine months. The move ends five consecutive holds and opens what analysts expect to be a gradual easing cycle.

Updated 2 hours ago