Turkey Pauses Rate Cuts as Iran War Poses Inflationary Pressures
Turkey’s central bank held its benchmark interest rate steady on Thursday, pausing a cycle of cuts because of a war-driven spike in energy prices and currency pressures.
🔗 Read more: https://www.bloomberg.com/news/articles/2026-03-12/turkey-pauses-rate-cuts-in-the-face-of-iran-war-pressures
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Turkey Pauses Rate Cuts as Iran War Poses Inflationary Pressures
Turkey’s central bank held its benchmark interest rate steady on Thursday, pausing a cycle of cuts because of a war-driven spike in energy prices and currency pressures.
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