{"id":22066,"date":"2025-07-25T05:52:11","date_gmt":"2025-07-25T05:52:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/22066\/"},"modified":"2025-07-25T05:52:11","modified_gmt":"2025-07-25T05:52:11","slug":"turkey-surprises-with-bigger-than-expected-rate-cut-to-43","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/22066\/","title":{"rendered":"Turkey Surprises With Bigger Than Expected Rate Cut to 43%"},"content":{"rendered":"<p class=\"media-ui-Paragraph_text-SqIsdNjh0t0-\" data-component=\"paragraph\">Turkey cut interest rates for the first time since March, when the arrest of a leading opposition figure halted the central bank\u2019s recently adopted easing cycle. <\/p>\n<p class=\"media-ui-Paragraph_text-SqIsdNjh0t0-\" data-component=\"paragraph\">The Monetary Policy Committee slashed rates by more than expected on Thursday, driving the one-week repo rate to 43% from 46% on Thursday. The median forecast among economists in a Bloomberg survey was for a cut of 250 basis points, with only two penciling in a reduction of 300 basis points. <\/p>\n","protected":false},"excerpt":{"rendered":"Turkey cut interest rates for the first time since March, when the arrest of a leading opposition figure&hellip;\n","protected":false},"author":2,"featured_media":22067,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[456,84,14137,4229,1294,1431,814,388,9131,14136,14134,1644,14135,56,54,55],"class_list":["post-22066","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bonds","tag-business","tag-capital-markets","tag-economics","tag-economy","tag-inflation","tag-interest-rates","tag-london","tag-monetary-policy","tag-mpc-sas","tag-price-stability","tag-turkey","tag-turkish-lira-spot","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/22066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=22066"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/22066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/22067"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=22066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=22066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=22066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}