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  2. A man carries a bag with groceries in a food street market at Uskudar neighbourhood in Istanbul, Turkey, Thursday, Jan. 23, 2025, same day as Turkey's central bank lowered its key interest rate by ...

  3. List of sovereign states by central bank interest rates

    en.wikipedia.org/wiki/List_of_sovereign_states...

    This is a list of countries by annualized interest rate set by the central ... interest rate (%) Change Effective date of ... Turkey: 45.00 2.50: 24 January 2025 ...

  4. Turkey's central bank lowers key interest rate to 47.5% - AOL

    www.aol.com/turkeys-central-bank-lowers-key...

    Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring inflation.

  5. When’s the next Federal Reserve meeting? What to expect - AOL

    www.aol.com/finance/when-is-next-fed-meeting...

    At the conclusion of its first rate-setting policy meeting of 2025 on January 29, 2025, the Federal Reserve announced it was leaving the federal funds target interest rate at 4.25% to 4.50%, this ...

  6. History of Federal Open Market Committee actions - Wikipedia

    en.wikipedia.org/wiki/History_of_Federal_Open...

    Announced biggest rate hike since 1994 to continue combat inflation. George dissented, preferring a 50-basis-point upward adjustment to the policy rate. Official statement: May 4, 2022 0.75%–1.00% 1.00% 9–0 Announced biggest rate hike since May 2000 to combat inflation. Official statement: March 16, 2022 0.25%–0.50% 0.50% 8–1

  7. Turkey's central bank lowers benchmark interest rate to 45%

    lite.aol.com/pf/story/0001/20250123/2765c5c10f1...

    ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to 45% from the current 47.5%.

  8. Turkey’s inflation problem is so severe the central bank just ...

    www.aol.com/finance/turkey-inflation-problem...

    Americans are struggling to cope with interest rates around 5%, but in Turkey, consumers are facing borrowing costs 10 times as high. Turkey’s central bank shocked investors by hiking interest ...

  9. Turkey shocks with big rate hike to 25% to cool raging inflation

    www.aol.com/turkey-shocks-big-rate-hike...

    Turkey’s central bank hiked its key interest rate by a surprisingly large 7.5 percentage points to 25% Thursday, signaling a new determination to address rebounding inflation as part of a ...