Turkey's central bank decided to keep interest rates at 46%, citing geopolitical risks and protectionism, despite falling inflation.

The Central Bank of Turkey's decision to keep the policy rate at 46% is influenced by geopolitical risks and global protectionism, even though annual inflation has fallen to 35.4%. The monetary policy committee noted a downward trend in core inflation and a moderation in domestic demand, but emphasized that inflation expectations and pricing remain risk factors.