News

EU holiday package prices rose 2.8% in June 2025, with Turkey leading tourism inflation at 35.6%, according to Eurostat data.
All six of the central banks overseeing the 10 most heavily traded currencies that held meetings in July kept rates on hold - ...
We now expect the CBT to cut by 300bp at the upcoming MPC meeting in September, followed by two more 250bp cuts to 35.0% by ...
The Federal Reserve’s credibility forms the bedrock of global monetary stability. Trump’s assault on its independence ...
Trump's secondary tariffs on Russia's oil buyers like China, India could disrupt global markets, spike oil to $120, and fuel ...
Turkey's minister said he expected inflation to remain within the range of the central bank's year-end forecast of 19% to 29%, and that it would fall below 20% next year, and to single digits in 2027 ...
Turkey's disinflation process is continuing in a determined manner that will bring inflation into single digits in two years, ...
Donald Trump has long wanted to fire government officials producing politically inconvenient statistics. Now he’s doing it.
Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.
By Akin Nazli in Belgrade Turkey’s consumer price index (CPI) inflation officially stood at 34% y/y in July versus 35% y/y in ...
The Bank of England is expected to lower its key interest rate for a fifth time Thursday, sticking to a cautious removal of the restraints it has placed on the economy at a time when inflation remains ...
The continued easing in the speed of price rises means the inflation rate has for three months straight trended lower than at ...