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Bussiness

Turkey Central Bank’s Favored Inflation Data Sees Surprise Surge

(Bloomberg) -- Turkey’s annual inflation slowed less-than-expected by economists and the central bank’s preferred gauge surged last month, potentially delaying discussions on interest-rate cuts...
Bussiness

Turkey’s Simsek Pledges Fiscal Discipline in Goldman Meeting

(Bloomberg) -- Turkey’s Finance Minister Mehmet Simsek told investors at a meeting in New York that tight fiscal policy will play a decisive role...
Bussiness

Turkey Seen Awaiting More Evidence Before Starting to Cut Rates

(Bloomberg) -- Turkey’s central bank will probably keep its main interest rate unchanged for a sixth straight month, as a lack of significant improvement...
World

Turkish Debt and Lira Face Bumpy Road, AllianceBernstein Says

Turkish lira bonds won’t be an attractive investment for at least six months amid higher-than-expected inflation and further weakening in the currency, according to...
Bussiness

Turkish Firms Face ‘Groundswell’ of Problems as 50% Rates Bite

(Bloomberg) -- Turkish companies are struggling under the weight of myriad challenges, hit by a combination of stubbornly high inflation, rising costs, dwindling access...

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