“Turkey’s central bank hikes key interest rate to 35%”
October 30, 2023
“Turkey’s central bank on Thursday hiked its key interest rate from 30% to 35%, in an ongoing bid to rein in inflation.
The move was in line with expectations of economists polled by Reuters.
The central bank said price rises were stronger than expected in the third quarter and monetary tightening is needed to anchor inflation expectations and “control the deterioration in pricing behavior…”
https://www.cnbc.com/2023/10/26/turkeys-central-bank-hikes-key-interest-rate-to-35percent.html