Turkish Central Bank Cuts Rates Again Despite Inflation Risks
The central bank cut its benchmark rate to 38.0% from 39.5% on Thursday, but noted lingering risks for consumer prices.
Last updated: 2025-12-11 14:00:06 ET
The central bank cut its benchmark rate to 38.0% from 39.5% on Thursday, but noted lingering risks for consumer prices.
Global central banks are diverging, following The Fed's decision to cut rates and Swiss' choice to hold steady.
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the eco...
The Federal Reserve voted to cut interest rates Wednesday by another quarter percent, in an effort to prop up a sagging job market. Fed officials warned they'll be cautious about more cuts in 2026.
NPR's Michel Martin speaks with Mark Zandi, chief economist at Moody Analytics, about the Federal Reserve's decision to cut interest rates and what it means for consumers.
Policymakers in Europe may face growing pressure to also lower interest rates if the pace of easing significantly weakens the dollar.
Bangko Sentral ng Pilipinas delivered a fifth straight rate cut at its final meeting of the year in a widely expected move.
President Trump wants lower interest rates and a new Fed chair. Wednesday’s divisions suggest one won’t guarantee the other.
Hotel rates at 96 Marriott and Hilton hotels skyrocketed after FIFA unveiled the 104-match schedule Saturday.
Biotechs are instead spending their time advancing the kind of smart science that will catch the eye of cash-rich pharmaceutical companies.