Turkey's central bank hikes interest rates again as it tries to tame eye-watering inflation

Turkey's central bank hikes interest rates again as it tries to tame eye-watering inflation

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Turkey’s central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods. The bank pushed its policy rate up by 5 percentage points, to 40%, marking its sixth big interest rate…

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