Investment bank JPMorgan said on Friday that Turkey's central bank was likely to hike its key interest rate to 40% and could ...

Investors are increasing bets that Turkey’s central bank will need to raise interest rates, as higher energy costs keep inflation elevated and a political crisis puts pressure on the lira.

ANKARA (Reuters) -Turkey's annual inflation rate jumped to 33.29% in September, well above expectations, according to data on Friday, reinforcing concerns that the central bank may need to slow its ...

Turkey's central bank held its key interest rate at 37% as expected on Wednesday, deciding not to hike but warning that ...

Hafize Gaye Erkan, the first woman to lead Turkey's central bank, has resigned after facing allegations of nepotism and media scrutiny. Fatih Karahan, appointed as Erkan's replacement, has suggested a ...

Turkey's Central Bank said ​on Saturday it lowered ‌reserve requirements for some loans to support ​a tight ​monetary policy ...

Turkey's central bank on Thursday raised its key interest rate from 45% to 50%, citing the continuing need to counter climbing inflation in the country. Turkish annual consumer price inflation soared ...

Investors have been dismayed by Donald Trump's attacks Fed chief Jerome Powell this year. The idea is seen as destabilizing for markets, which rely on the faith that the central bank will act based on ...

ISTANBUL - Turkey's central ‌bank raised its end-2026 interim inflation target to 24% from 16%, Governor Fatih Karahan said ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. ISTANBUL (AP) — Turkey has seen its fifth ...

ISTANBUL — Turkey has seen its fifth central bank leader depart in as many years as Hafize Gaye Erkan, the first woman in the top role, stepped down after just eight months in the job. She announced ...