Turkey’s economy is facing one of its toughest moments in modern history. With sky-high inflation, a collapsing lira, ... Map Shows States Where Student Loan Delinquencies Are Highest.

Turkey’s central bank hiked its key interest rate by a surprisingly large 7.5 percentage points to 25% Thursday, signaling a new determination to address rebounding inflation as part of a ...

Turkey's economy grew 3.0% year-on-year in the fourth quarter of 2024, bringing full-year growth to 3.2%, official data showed on Friday, exceeding forecasts despite the weight of high interest rates.

Turkey’s central bank almost doubled interest rates to 15% Thursday in a dramatic reversal of its unorthodox policy of cutting the cost of borrowing to tame painfully high inflation.

While economists may groan at Turkey’s leaders cutting interest rates to fight runaway inflation, the country’s stocks and an exchange-traded fund focused on the nation are having the opposite ...

The US appears to be now treading the familiar path that recently got emerging market economy of Turkey into economic trouble. The US is increasingly disregarding central bank independence, ...

“While Turkey’s economy is estimated to have grown rapidly in real terms in 2022, and fiscal space remains, inflation climbed to a 24-year high, the lira depreciated, the current account ...

More than 1,100 people have been arrested in Turkey's nationwide protests since demonstrations began on March 19, Turkish authorities said Monday, as political and economic instability grips the ...

The quakes caused an estimated $84 billion in losses, the equivalent of about 10% of Turkey’s entire economy in 2022. Collapsed houses line a street in Antakya, Turkey. By Jared Malsin.