Turkey's central bank on Thursday increased its estimates for inflation as officials try to rein in soaring price increases that have weighed on the economy for years. But in January the central bank ...
Turkey's long boom was built on cheap money, construction and confidence that the state could keep the lira roughly stable while living standards rose. That model is now under intense strain as high ...
Turkey’s central bank reduced borrowing costs for a fifth meeting in a row, albeit at a slower pace amid signs the trend of cooling inflation stalled at the start of 2026. The Central Bank of Turkey ...
Today, however, Turkey’s high inflation has slashed the value of ad revenues, which now barely cover half of an episode’s ...
Learn the differences between nominal and real interest rates, their effects on loans and investments, and how they influence economic trends and purchasing power.