ISTANBUL Leading figures from Türkiye ’s business world have welcomed the Central Bank ’s decision to slash the policy rate, viewing it as a step toward easing financial burdens and revitalizing economic activity. The bank on July 24 delivered a more-than-expected 300 basis points cut, lowering the one-week repo auction rate from 43 percent. İstanbul Chamber of Commerce (İTO) President Şekib Avdagiç said the decision aligns with business expectations and will help open credit channels,