Central Bank Watch
Turkish Central Bank Interest Rate Cut to 39.5%
October 23, 2025
A one-percentage point reduction of the Central Bank of Turkey‘s 1-week repo rate to 39.5% today is also aligned with market expectations. The rate had been as high as 50% from March 2024 though January of this year. But today’s rate drop was smaller than ones of 250 basis points last month and 300 bps […] More
New Overnight Developments Abroad - Daily Update
Interest Rate Decisions in Korea, Turkey and Ukraine Today Were As Expected
October 23, 2025
While a planned meeting between President Trump and Xi next week in South Korea is back on schedule, the get-together between Trump and Putin planned for Budapest remains canceled due to Russia’s intransigence against negotiating an end to the war with Russia. The United States and European Union have meanwhile extended economic sanctions against Russia, […] More
