Author: Unknown
Published on: 23/01/2025 | 12:26:21

AI Summary:
Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday. The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate. Annual inflation in Turkey slowed to 44.38% in December 2024 from 47.09%.

Original: 251 words
Summary: 45 words
Percent reduction: 82.07%

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