Turkey's central bank decided to maintain its key interest rate in its March meeting, as the committee assessed that the current monetary policy stance is adequate to support the necessary recovery in the aftermath of the earthquake by maintaining price stability and financial stability.
The Monetary Policy Committee, led by Governor Sahap Kavcioglu, left the policy rate, or the one-week repo auction rate, unchnaged at 8.5 percent, the Central Bank of the Republic of Turkey, or CBRT, said in a statement.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.