Friday, October 14, 2022

Turkish central bank to cut rates to 11% after Erdogan nudge | Reuters

Turkish central bank to cut rates to 11% after Erdogan nudge Reuters ISTANBUL, Oct 14 (Reuters) - Turkey's central bank is expected to cut its policy rate by 100 basis points to 11% next week, a Reuters poll showed on Friday, after President Tayyip Erdogan called for more easing each month and said rates should be single digits by year-end. More:Turkish central bank to cut rates to 11% after Erdogan nudge | Reuters