{"id":53185,"date":"2021-10-21T15:12:50","date_gmt":"2021-10-21T11:12:50","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=53185"},"modified":"2021-10-21T15:12:55","modified_gmt":"2021-10-21T11:12:55","slug":"cbrt-cuts-policy-rate-by-200-basis-points","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/cbrt-cuts-policy-rate-by-200-basis-points\/10\/21\/market-updates\/","title":{"rendered":"CBRT Cuts Policy Rate by 200 Basis Points"},"content":{"rendered":"\n<p>The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it lowered its policy (one-week repo) rate by 200 basis points to 16% from 18%. The market expectation was a rate cut of 100 basis points to 17%.<\/p>\n\n\n\n<p>&#8220;Tight policy started to have a higher than envisaged contractionary effect on commercial loans.&#8221; by reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it lowered its policy (one-week repo) rate by 200 basis points to 16% from 18%. The market expectation was a rate cut of 100 basis points to 17%. &#8220;Tight policy started to have a higher than envisaged contractionary effect on commercial loans.&#8221; &hellip;<\/p>\n","protected":false},"author":9,"featured_media":37851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7095],"class_list":["post-53185","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-turkey"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53185"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53185\/revisions"}],"predecessor-version":[{"id":53186,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53185\/revisions\/53186"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/37851"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}