Turkey’s inflation climbs to 68.5% despite continued rate hikes
Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to…
Turkey’s opposition stuns in sweeping local elections victory over Erdogan’s party
Turkey’s opposition won a stunning victory across several major cities in the country’s local elections Sunday, dealing a severe blow…
Turkey’s local elections — and whoever wins Istanbul — could dictate the future of the country
Turkish President Recep Tayyip Erdogan once said that whoever wins Istanbul wins Turkey. If that’s the case, the stakes are…
Turkey opts for new tightening strategy after signaling a pause to hikes
Turkey’s central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling…
Turkey, U.S. discuss Ukraine, Gaza, ways to improve ties, foreign minister says
Turkish and U.S. officials held comprehensive talks about the wars in Ukraine and Gaza and various bilateral issues during meetings…
Turkish annual inflation soars to 67% in February
Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…
Turkey ends hiking cycle after 8 months, holding key rate at 45%
Turkey’s central bank held its key interest rate on Thursday, keeping it at 45% despite soaring inflation after eight consecutive…
Turkey is back in from the cold with NATO and F-16 moves, but thorny issues remain
Turkey spent nearly two years — along with Hungary — holding up Sweden’s accession to NATO. It’s bought powerful Russian…
Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’
Turkey’s newly appointed central bank governor, Fatih Karahan, has his work cut out for him, after being named to the…
Turkey’s inflation sees biggest monthly jump since August, nears 65% year on year
In January, Turkish inflation logged its biggest monthly jump since August with a 6.7% rise from December, while year-on-year inflation…
