welcome
CNBC

CNBC

Business

Business & Economics

Turkey's central bank surprises with 350-basis-point rate hike

CNBC
Summary
Nutrition label

78% Informative

Turkey 's central bank raised its key interest rate, the one-week repurchase rate, from 42.5% to 46% . It comes after annual inflation in Turkey came in at 38.1% in March .

The decision comes on the back of economic disruption due to U.S. tariffs and major political unheaval.

VR Score

86

Informative language

90

Neutral language

72

Article tone

formal

Language

English

Language complexity

72

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links