Central Bank aims to lower interest rate to 21 pct by next year-end
Iulian Moșneagu
ISTANBUL The Central Bank of Türkiye targets to lower its policy interest rate to 21 percent by the end of 2025, the bank’s governor has said. Speaking at the Istanbul Chamber of Industry ( ISO ), Fatih Karahan said on Nov. 27 projections related to the underlying trend of inflation improved, albeit slower than anticipated. “With the continuation of the disinflation process and the subsequent establishment of price stability, predictability will increase,” he said. "Thus, investment, production
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