Türkiye’s central bank is on fire! On Thursday, interest rates were raised by 2.5 percentage points to 17.5%. This is the second time in two months that borrowing costs have increased. It seems that the authorities have decided to fight inflation and gradually move away from the low interest rate policy that has plunged the economy into crisis. 📈It’s just that companies had previously expected a higher rate of interest rate hike, they guessed it would rise to 20%. 🤔But now it seems that this wave of adjustments is relatively safe. Everyone should stay tuned for follow-up updates! 💼