Turkish Treasury and Finance Minister Mehmet Simsek told a group of investors that year-end inflation could slow to about 19%, according to people with knowledge of the matter, striking a more optimistic tone than markets.

Turkish Treasury and Finance Minister Mehmet Simsek told a group of investors that year-end inflation could slow to about 19%, according to people with knowledge of the matter, striking a more optimistic tone than markets.

Revolut Ltd. is in talks to acquire Turkish digital bank FUPS to start offerings its services in the country, according to people familiar with the matter.

Turkey joined its emerging-market peers in a debt spree at the start of the year and raised $3.5 billion in a sale of global bonds due in seven and 12 years.

Turkish inflation slowed for the third month in a row, potentially allowing the central bank to maintain its downward interest-rate path in the new year.

Turkish inflation slowed for the third month in a row, potentially allowing the central bank to maintain its downward interest-rate path in the new year.

Turkish inflation slowed for the third month in a row, potentially allowing the central bank to maintain its downward interest-rate path in the new year.

Turkish police raided a house where Islamic State members were believed to be hiding, the latest in a series of operations against the militant group amid warnings of a possible New Year’s Eve attack.

Turkey is planning modest tax increases on key goods and services, including motor fuel, in 2026, the latest step in the government’s efforts to help the central bank rein in inflation.

Turkey is planning modest tax increases on key goods and services, including motor fuel, in 2026, the latest step in the government’s efforts to help the central bank rein in inflation.

Turkey increased the minimum wage by 27% for next year, broadly in line with inflation forecasts, in a sign policymakers remain committed to controlling price rises.

Turkey increased the minimum wage by 27% for next year, broadly in line with inflation forecasts, in a sign policymakers remain committed to controlling price rises.

Turkish officials are considering new measures to sharply raise the bar for retail investors seeking to pile cash into hedge funds after market upheaval last month, according to people familiar with the discussions.

Citigroup Inc. analysts said the Turkish central bank’s sizable interest-rate cut on Thursday begged for an explanation, warning the monetary authority had little room for policy missteps.

Turkey’s central bank cut interest rates for the fourth time in a row, accelerating the pace of reductions following favorable inflation data.

Turkey’s central bank cut interest rates for the fourth time in a row, accelerating the pace of reductions following favorable inflation data.

Turkey’s central bank is poised to cut interest rates again on Thursday, with policymakers encouraged by unexpectedly favorable inflation data.

Turkey is closer to removing a Russian missile-defense system that’s been a source of tension with other NATO members and prevented it from being able to buy American F-35 stealth jets, according to a key ally of Donald Trump.

Turkish inflation cooled more than expected in November, clearing a path for the central bank to deliver a more sizable interest-rate cut next week.

Former JPMorgan Chase & Co economist Murat Tasci has been appointed chief economist at the Turkish central bank, according to people with knowledge of the matter.