Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than expected, launching ...

Thousands of people protested in Turkey's capital Ankara on Saturday to demand a bigger hike in the minimum wage, chanting slogans calling on the government to resign and waving the opposition and ...

Rising rental costs underscore the inadequacies of the new minimum wage, especially since 42 percent of Turks earn just the ...

Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...

Turkey's central bank lowered its key interest rate on Thursday, the first cut in nearly two years as it battles with ...

One-third of Turkey's children live in poverty, with many forced to work to support their struggling families.

Turkey’s President Recep Tayyip Erdogan said interest rates will fall in 2025 as he once again stated his unconventional ...

The decision to cut interest rates follows 18 months of monetary tightening and comes amid ongoing efforts to stabilize the ...

Turkey's inflation rate is expected to rise by 1.61% in December from the previous month and stand at 45.2% year-on-year, ...

The Central Bank of the Republic of Turkey (CBRT) has cut its benchmark one-week repo rate by 250 basis points, bringing it ...

Mehmet Şimşek's statements fueled expectations that the government could make a higher increase to the minimum wage.