ANKARA, July 24 (Xinhua) -- Türkiye's central bank on Thursday cut its policy rate by 300 basis points to 43 percent, down from 46 percent, signaling a cautious shift toward easing as inflation slows ...

Türkiye has been grappling with rising inflation for years. From June 2023 to March 2024, the central bank raised its key interest rate from 8.5 percent to 50 percent to tighten monetary policy and ...