Market News
Turkish Growth Slows, Paving Way for More Interest-Rate Cuts - BLOOMBERG
By Beril Akman
Turkey’s economy slowed more than expected in the third quarter, providing fuel for the central bank to further cut interest rates.
Gross domestic product expanded by 3.7% on an annualized basis, compared with the 4.2% expected by economists surveyed by Bloomberg and 4.9% growth in the second quarter.
