Turkey Cuts Interest Rates to Single Digits Despite High Inflation
ISTANBUL—Turkey’s central bank cut its key interest rate for a fourth consecutive month on Thursday to single digits, intensifying a
Read more
recession
European stocks close mixed amid recession fears
ANKARA European stocks closed mixed on Friday with fears of a recession in the eurozone. The STOXX Europe 600, which
Read more
Ahead of key Fed meeting, Biden says US will not enter recession
WASHINGTON President Joe Biden on Monday threw cold water on fears the US could be heading into a recession, pointing
Read more
USD/TRY fails to cheer Turkiye’s supplementary budget approval below 17.00
USD/TRY picks up bids to mild gains, pares weekly losses. Turkish Parliament passes $53 billion supplementary budget to battle inflation.
Read more
Recession fears dent commodity prices
ISTANBUL The selling trend in the global commodity market accelerated last week amid heightened concerns of a recession. Estimates that
Read more
Inflation in Turkey: Researcher won’t hide the figures Erdogan doesn’t want to see
Issued on: 22/06/2022 – 13:39 In May the official Turkish statistics institute established the inflation rate at 73.5 percent, the
Read more Inflation in Turkey: Researcher won’t hide the figures Erdogan doesn’t want to see
Inflation in Turkey: Researcher won’t hide the figures Erdogan doesn’t want to see FRANCE 24 English Source link
Read more
European stocks close higher, barring UK, France
ANKARA European stocks closed higher on Friday, except in the UK and France, recovering from the previous day’s losses when
Read more
US stocks end sharply lower amid recession fears
ISTANBUL Major US stock indexes ended sharply lower Thursday after a number of central banks around the world followed the
Read more