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https://www.cnbc.com/2022/08/18/turkey-surprises-markets-with-rate-cut-despite-inflation-near-80percent-.html
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Turkey shocks markets with rate cut despite inflation near 80% - CNBC
8/18/22 at 11:14am
Organization
CNBC
Authors
Matt Clinch
Natasha Turak
Details
34 words
Summarize
Business & Industrial
Finance
Turkey
CNBC
benchmark policy rate
Turkey's central bank shocked markets Thursday with a cut to its benchmark policy rate, despite inflation in the country sitting near 80%.
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