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Turkish central bank keeps policy rate unchanged at 50 pct

STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: File DATELINE: May 24, 2024 LENGTH: 00:01:06 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish central bank 2. various of Turkish lira 3. various of Turkish central bank 4. various of Turkish lira 5. various of Turkish central bank STORYLINE: Türkiye's central bank announced on Thursday that it would keep its interest rate unchanged at 50 percent, which is in line with market expectations. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged but reiterated that it remains highly attentive to inflation risks," the bank said in a statement. The bank said that the underlying trend of monthly inflation registered a limited decline in April, while the recent indicators point to a slowdown in domestic demand compared to the first quarter. Meanwhile, consumption goods imports increased in April, limiting the improvement in the current account balance.

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Turkish central bank keeps policy rate unchanged at 50 pct

STORY: Turkish central bank keeps policy rate unchanged at 50 pct SHOOTING TIME: Earlier footage DATELINE: April 26, 2024 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish lira STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 50 percent, saying that the monetary policy decisions in March have led to a significant tightening in financial conditions. "Considering the lagged effects of the monetary tightening, the committee decided to keep the policy rate unchanged, but reiterated that it remains highly attentive to inflation risks," the bank said in a statement, adding that it will maintain the tight monetary stance until a significant and sustained decline in monthly inflation is observed. Despite the ongoing decline, the underlying trend of monthly inflation in March was higher than expected, the statement said. "While imports of consumer goods and gold contribute to the improvement in the current

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India's central banking institution keeps repo rate unchanged at 6.5 pct for 7th time in row

STORY: India's central banking institution keeps repo rate unchanged at 6.5 pct for 7th time in row SHOOTING TIME: April 5, 2024 DATELINE: April 6, 2024 LENGTH: 00:01:13 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India Gate 2. various of RBI building 3. various of banks 4. various of market area STORYLINE: India's central banking institution, the Reserve Bank of India (RBI), on Friday announced it has kept the repo rate unchanged at 6.5 percent. The repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. This is the seventh time in a row the six-member Monetary Policy Committee (MPC) has decided to keep the key rates unchanged. According to the RBI, these decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 percent within a band of plus or minus 2 percent, while supporting growth. Meanwhile, the real GDP growth for 2024-25 is projected at 7.0 perce

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Turkish central bank keeps interest rate unchanged at 45 pct

STORY: Turkish central bank keeps interest rate unchanged at 45 pct SHOOTING TIME: Feb. 22, 2024 DATELINE: Feb. 23, 2024 LENGTH: 00:00:29 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping 2. various of Turkish Treasury and Finance Minister Mehmet Simsek 3. various of Fatih Karahan, the new Governor of Turkish Central Bank STORYLINE: Türkiye's central bank kept its interest rate unchanged at 45 percent on Thursday, completing a monetary tightening cycle to set the course for disinflation. "The current level of the policy rate will be maintained until there is a significant and sustained decline in the underlying trend of monthly inflation and until inflation expectations converge to the projected forecast range," said the bank in a statement. It added that the monetary policy stance will be tightened if a significant and persistent deterioration in the inflation outlook is anticipated. "Monetary transmission mechanism will be supported in case of unanticipated developmen

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India's central bank keeps repo rate unchanged

STORY: India's central bank keeps repo rate unchanged SHOOTING TIME: Feb. 8, 2024 DATELINE: Feb. 9, 2024 LENGTH: 0:00:56 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of the Reserve Bank of India 3. various of banks STORYLINE: India's central bank the Reserve Bank of India Thursday announced that it has kept the repo rate unchanged at 6.5 percent. Repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. This is the sixth time in a row India's Monetary Policy Committee has decided to keep the key rates unchanged. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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Sweden's central bank leaves key interest rate unchanged

STORY: Sweden's central bank leaves key interest rate unchanged SHOOTING TIME: Feb. 1, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:01:16 LOCATION: Stockholm CATEGORY: ECONOMY SHOTLIST: 1. various of Riksbanken, Sweden's central bank 2, various of SEB bank 3, various of Handelsbanken 4, various of street views of Stockholm STORYLINE: Sweden's central bank, the Riksbank, decided on Thursday to keep its benchmark interest rate (policy rate) unchanged at 4 percent, but said it is likely to be lowered sooner than previously expected. The decision was based on statistics showing a continuous slowdown of inflation in November and December, but the monetary policy has to remain contractionary to stabilize inflation around the targeted 2 percent, the Riksbank said in a press release. The Swedish economy has slowed down and wages have increased moderately, indicating that inflation is likely to fall further, the Riksbank said. The policy rate may, therefore, be lowered sooner than indicated in November, possibly durin

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BOJ Policy setting meeting

TOKYO, Japan Kyodo - Bank of Japan Governor Kazuo Ueda speaks during a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2023, after its two-day policy-setting meeting. The BOJ left its monetary policy unchanged and vowed to maintain ultralow interest rates, capping off 2023 with a dovish tilt. (Kyodo)

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BOJ Policy setting meeting

Bank of Japan Governor Kazuo Ueda speaks during a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2023, after its two-day policy-setting meeting. The BOJ left its monetary policy unchanged and vowed to maintain ultralow interest rates, capping off 2023 with a dovish tilt.

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BOJ Policy setting meeting

Bank of Japan Governor Kazuo Ueda speaks during a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2023, after its two-day policy-setting meeting. The BOJ left its monetary policy unchanged and vowed to maintain ultralow interest rates, capping off 2023 with a dovish tilt.

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BOJ Policy setting meeting

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2023, after its two-day policy-setting meeting. The BOJ left its monetary policy unchanged and vowed to maintain ultralow interest rates, capping off 2023 with a dovish tilt.

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BOJ Policy setting meeting

Bank of Japan Governor Kazuo Ueda attends a press conference at the central bank's headquarters in Tokyo on Dec. 19, 2023, after its two-day policy-setting meeting. The BOJ left its monetary policy unchanged and vowed to maintain ultralow interest rates, capping off 2023 with a dovish tilt.

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European Central Bank leaves interest rates unchanged

STORY: European Central Bank leaves interest rates unchanged DATELINE: Oct. 28, 2023 LENGTH: 00:02:30 LOCATION: Athens CATEGORY: ECONOMY SHOTLIST: 1. various of European Central Bank members 2. various of Athens open market 3. SOUNDBITE 1 (English): CHRISTINE LAGARDE, ECB President 4. various of Athens open market 5. SOUNDBITE 2 (English): CHRISTINE LAGARDE, ECB President STORYLINE: The European Central Bank (ECB) Governing Council decided to keep the three key ECB interest rates unchanged after 10 hikes in 15 months, it was announced on Thursday at the end of a two-day meeting on monetary policy in Athens. The interest rate on the main refinancing operations, the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 4.5 percent, 4.75 percent, and 4 percent respectively, according to an ECB press release. The incoming information has broadly confirmed the previous assessment of the medium-term inflation outlook, it was explained. According to the ECB Governing

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India's central bank keeps repo rate unchanged at 6.5 pct

STORY: India's central bank keeps repo rate unchanged at 6.5 pct DATELINE: Oct. 8, 2023 LENGTH: 00:01:44 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of Reserve Bank of India (RBI) 3. various of markets STORYLINE: India's central bank, the Reserve Bank of India (RBI), on Friday kept the key policy repo rate unchanged at 6.5 percent. This was the fourth time when the RBI kept the repo rate steady. Addressing media persons in financial capital Mumbai, RBI Governor Shaktikanta Das said, "After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, RBI's Monetary Policy Committee (MPC) decided unanimously to keep the Policy Repo Rate unchanged at 6.5 percent." The announcement came after the RBI's six-member MPC held a meeting on Oct. 4-6. The RBI governor stated that the retail inflation was projected at 5.4 percent for the financial year 2023-24 through next March. "Headline inflation had surged in July driven by tomatoes an

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Egypt's central bank keeps interest rates unchanged

STORY: Egypt's central bank keeps interest rates unchanged DATELINE: Sept. 22, 2023 LENGTH: 00:00:57 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Bank of Egypt 2. various of an accountant counting banknotes 3. various of the National Bank of Egypt 4. various of Banque Misr STORYLINE: The Central Bank of Egypt (CBE) decided Thursday to maintain interest rates at current levels. During its meeting, the CBE's Monetary Policy Committee (MPC) kept the overnight deposit rate, overnight lending rate and the rate of the main operation at 19.25 percent, 20.25 percent and 19.75 percent, respectively. The discount rate remained at 19.75 percent. According to Egypt's Central Agency for Public Mobilization and Statistics, the country's year-on-year headline inflation hit a record high of 39.7 percent in August, compared to 38.2 percent in July and 15.3 percent in August 2022. In early August, the CBE raised the interest rates by 100 basis points, or 1 percent, in a bid to contain high inflat

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Australia's interest rate unchanged at 4.1 pct for 3rd month

STORY: Australia's interest rate unchanged at 4.1 pct for 3rd month DATELINE: Sept. 6, 2023 LENGTH: 00:00:59 LOCATION: SYDNEY, Australia CATEGORY: ECONOMY SHOTLIST: 1. various of Reserve Bank of Australia (RBA) 2. various of estate industry of Australia STORYLINE: The Reserve Bank of Australia (RBA) decided on Tuesday to leave the cash rate target unchanged at 4.1 percent, with the interest rate paid on Exchange Settlement balances staying at 4.00 percent. This marked the third straight month that RBA put the interest rate on hold from July. Wrapping up a monetary policy meeting, RBA Governor Philip Lowe noted in a statement that interest rates have been increased by 4 percentage points since May last year. "The higher interest rates are working to establish a more sustainable balance between supply and demand in the economy and will continue to do so. In light of this and the uncertainty surrounding the economic outlook, the Board again decided to hold interest rates steady this month," said Lowe. The

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India's central banking institution keeps repo rate unchanged at 6.5 pct

STORY: India's central banking institution keeps repo rate unchanged at 6.5 pct DATELINE: Aug. 10, 2023 LENGTH: 0:01:15 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of RBI building 3. various of banks in India 4. various of traffic in India STORYLINE: India's central banking institution Reserve Bank of India (RBI) on Thursday announced it has kept the repo rate unchanged at 6.5 percent. Repo rate is the rate at which the central bank lends money to commercial banks in the event of a shortfall of funds. This is the third time in a row that the six-member Monetary Policy Committee (MPC) has decided to keep the key rates unchanged. The MPC is a committee of RBI that is responsible for fixing the benchmark interest rate in India. The meetings of the MPC are held at least four times a year and after every such meeting, it publishes its decisions. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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Bank of England raises interest rate to 5 pct

STORY: Bank of England raises interest rate to 5 pct DATELINE: June 23, 2023 LENGTH: 00:01:40 LOCATION: London CATEGORY: ECONOMY SHOTLIST: 1. various of Bank of England 2. various of streets in London 3. various of a supermarket in London STORYLINE: The Bank of England (BoE) has raised its benchmark interest rate by 0.5 percentage points to 5 percent, the central bank said in a statement on Thursday. At its meeting ending on Wednesday, the BoE's Monetary Policy Committee voted by a majority of seven to two in favor of the decision, the statement added. It came as the 13th consecutive rate hike since December 2021 as the central bank has battled against stubbornly high inflation, bringing the interest rate to the highest since 2008. The United Kingdom's (UK) consumer price index (CPI) rose by 8.7 percent in the 12 months to May, unchanged from April. This is 0.3 percentage points higher than expected in the BoE's May report. There has been significant upside news in recent data that indicates m

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U.S. Fed pauses hike of interest rates

STORY: U.S. Fed pauses hike of interest rates DATELINE: June 16, 2023 LENGTH: 00:01:29 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of U.S. Federal Reserve Chair Jerome Powell attending the press conference 2. various of exterior of the U.S. Federal Reserve STORYLINE: The U.S. Federal Reserve on Wednesday kept the target range of the federal funds rate unchanged at 5 percent to 5.25 percent, following a slew of 10 consecutive hikes since March 2022. "Holding the target range steady at this meeting allows the committee to assess additional information and its implications for monetary policy," the Federal Open Market Committee (FOMC) said in a statement issued on Wednesday afternoon, after concluding its latest two-day policy meeting. The pause of interest rate hikes was widely expected as the year-on-year growth rate of the U.S. consumer price index slowed down to 4 percent in May, from a peak of 9.1 percent in June 2022. The Federal Reserve reiterated that it is strongly committed

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Turkish central bank keeps interest policy rate unchanged at 8.5 pct

STORY: Turkish central bank keeps interest policy rate unchanged at 8.5 pct DATELINE: May 26, 2023 LENGTH: 00:00:52 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish flag and Turkish central bank 2. various of Turkish lira 3. various of Turkish central bank 4. various of Turkish lira 5. various of Turkish people at cashpoints STORYLINE: Türkiye's central bank decided to keep its interest rate unchanged at 8.5 percent on Thursday before the upcoming runoff presidential elections. The bank said in a statement that it had decided to keep the policy rate unchanged in order to "preserve the growth momentum in industrial production and the positive trend in employment after the earthquake." It added that the current monetary policy stance was "adequate to support the necessary recovery in the aftermath of the earthquake by maintaining price stability and financial stability." The bank's decision is likely to disappoint many economists, who had expected it to raise rates in order to c

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Indonesia's central bank holds its benchmark interest rate at 5.75 pct

STORY: Indonesia's central bank holds its benchmark interest rate at 5.75 pct DATELINE: April 19, 2023 LENGTH: 00:02:41 LOCATION: Jakarta CATEGORY: ECONOMY SHOTLIST: 1. Various of press conference STORYLINE: Bank Indonesia (BI) on Tuesday decided to hold the benchmark interest rate unchanged at 5.75 percent after a two-day meeting of the Board of Governors. Governor of BI Perry Warjiyo said that this decision was part of the forward-looking monetary policy to secure the future fall in inflation. "Bank Indonesia believes that the BI 7-Day Reverse Repo Rate (BI7DRRR) of 5.75 percent is sufficient to direct core inflation under control in the range of 2 to 4 percent in the remainder of 2023," Warjiyo said in a press conference on Tuesday. The target is in sight as the country's inflation continues to decline. The inflation rate dropped to 4.97 percent year-on-year in March from 5.47 percent year-on-year in February. Xinhua News Agency correspondents reporting from Jakarta. (XHTV)

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Türkiye's central bank holds interest rate at 8.5 percent

STORY: Türkiye's central bank holds interest rate at 8.5 percent DATELINE: March 24, 2023 LENGTH: 0:01:07 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank 2. various of Turkish Lira 3. various of Turkish flag 4. various of people at earthquake rubble in Turkey 5. various of the earthquake in Turkey STORYLINE: Türkiye's central bank on Thursday kept its interest rate unchanged at 8.5 percent after it eased the policy last month following devastating earthquakes. While the level and underlying trend of inflation have been improved with the support of the implemented integrated policy approach, the effect of earthquake-driven supply-demand imbalances on inflation is closely monitored, the bank said in a statement following the Monetary Policy Committee meeting. "It has become even more important to keep financial conditions supportive to preserve the growth momentum in industrial production and the positive trend in employment after the earthquake. Accordingly, the Committee h

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BOJ keeps policy steady

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda holds a press conference at the BOJ's head office in Tokyo on Nov. 19, 2014, after the central bank decided to keep its ultraloose monetary policy unchanged.

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BOJ keeps policy steady

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda holds a press conference at the BOJ's head office in Tokyo on Nov. 19, 2014, after the central bank decided to keep its ultraloose monetary policy unchanged.

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BOJ keeps policy steady

TOKYO, Japan - Haruhiko Kuroda, governor of the Bank of Japan, holds a press conference at the BOJ's head office in Tokyo on Oct. 7, 2014, after the central bank decided to leave its monetary policy unchanged.

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BOJ keeps policy steady

TOKYO, Japan - Haruhiko Kuroda, governor of the Bank of Japan, holds a press conference at the BOJ's head office in Tokyo on Oct. 7, 2014, after the central bank decided to leave its monetary policy unchanged.

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BOJ keeps policy steady

TOKYO, Japan - Haruhiko Kuroda, governor of the Bank of Japan, holds a press conference at the BOJ's head office in Tokyo on Oct. 7, 2014, after the central bank decided to leave its monetary policy unchanged.

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda speaks after the central bank's Policy Board meeting at its head office in Tokyo on March 11, 2014. The BOJ maintained its ultraeasy monetary policy and left unchanged its assessment that the domestic economy is continuing to recover.

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Gov. Haruhiko Kuroda gestures during a press conference at the BOJ's headquarters in Tokyo on Jan. 22, 2014, after a two-day Policy Board meeting. The nine-member Policy Board unanimously decided that the central bank will continue with its large-scale monetary easing policy and keep unchanged its consumer price outlook for fiscal 2015 at 1.9 percent.

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Gov. Haruhiko Kuroda answers questions from reporters at the BOJ's headquarters in Tokyo on Jan. 22, 2014, after a two-day Policy Board meeting. The nine-member Policy Board unanimously decided that the central bank will continue with its large-scale monetary easing policy and keep unchanged its consumer price outlook for fiscal 2015 at 1.9 percent.

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Gov. Haruhiko Kuroda answers questions from reporters at the BOJ's headquarters in Tokyo on Jan. 22, 2014, after a two-day Policy Board meeting. The nine-member Policy Board unanimously decided that the central bank will continue with its large-scale monetary easing policy and keep unchanged its consumer price outlook for fiscal 2015 at 1.9 percent.

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BOJ chief

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda attends a press conference at the central bank's head office in Tokyo on Dec. 20, 2013. The BOJ decided earlier in the day to maintain its ultraloose monetary policy and left unchanged its assessment of the domestic economy, stating it is "recovering moderately."

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda (C) attends the central bank's policy meeting at its head office in Tokyo on Dec. 20, 2013. The BOJ decided to maintain its ultraloose monetary policy and left unchanged its assessment of the domestic economy, stating it is "recovering moderately."

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda heads to the central bank's policy meeting at its head office in Tokyo on Dec. 20, 2013. The BOJ decided to maintain its ultraloose monetary policy and left unchanged its assessment of the domestic economy, stating it is "recovering moderately."

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BOJ policy meeting

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda holds a press conference after the BOJ's Policy Board meeting at the central bank's head office in Tokyo on Nov. 21, 2013. The BOJ decided to maintain its ultraeasy monetary policy and left unchanged its assessment of the domestic economy, saying it is "recovering moderately" despite a slowing pickup in exports.

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BOJ policy meeting

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda holds a press conference after the BOJ's Policy Board meeting at the central bank's head office in Tokyo on Nov. 21, 2013. The BOJ decided to maintain its ultraeasy monetary policy and left unchanged its assessment of the domestic economy, saying it is "recovering moderately" despite a slowing pickup in exports.

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BOJ maintains ultraeasy monetary policy

TOKYO, Japan - Bank of Japan Governor Haruhiko Kuroda enters the BOJ head office in Tokyo for a policy board meeting on Aug. 8, 2013. The central bank maintained its ultraloose monetary policy introduced in April 2013 and left unchanged its assessment of the national economy that it is "starting to recover moderately," after upgrading the view for seven consecutive months. (Pool photo)

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BOJ lifts economic assessment

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa holds a press conference at the BOJ's head office in Tokyo on March 7, 2013, after the central bank upgraded its assessment of the economy and kept its monetary policy unchanged at the last policy meeting chaired by Shirakawa, who will step down later in the month.

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BOJ chief Shirakawa

TOKYO, Japan - Bank of Japan Governor Masaaki Shirakawa holds a press conference at the BOJ's head office in Tokyo on Nov. 20, 2012, after the central bank decided at its policy meeting earlier in the day to leave monetary policy unchanged.

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BOJ keeps super-loose policy, but decision not unanimous

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui gives a press conference April 6 after the central bank left its super-loose monetary policy unchanged, a conclusion widely expected by analysts but surprising in that the decision was not unanimous.

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BOJ upgrades economic assessment, ultra-easy policy intact

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks at a press conference March 16 on the central bank's decision to raise its economic assessment for the first time since last June on improvements in exports and production, leaving its ultra-loose monetary policy unchanged in line with analysts' expectations.

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BOJ keeps super-loose policy despite speculation of change

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks at a press conference on Feb. 17 after the central bank's Policy Board left its super-loose monetary policy unchanged. ''We will maintain the quantitative monetary easing policy in line with our commitment regarding the consumer price index,'' Fukui said.

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BOJ chief Fukui says economic recovery intact

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui holds a press conference Sept. 9. and downplays signs of possible economic slowdown, saying the recovery trend remains unchanged. The BOJ's policy-setting panel left its ultra-loose monetary policy unchanged the same day.

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BOJ keeps intact quantitative monetary easing measures

TOKYO, Japan - Bank of Japan Governor Masaru Hayami (4th from L) presides over a meeting of the central bank's policy board April 13. The board left its quantitative monetary easing measures unchanged.

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Hayami says BOJ to maintain loose monetary policy

Bank of Japan Governor Masaru Hayami says in Tokyo on June 30 the central bank will leave its easy monetary policy unchanged as the prospects for a quick self-generating economic recovery remain grim. ''We will maintain our current, boldly easy money policy until we reach the stage where fears about deflation are wiped away,'' he told the House of Representatives' Finance Committee.

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Türkiye keeps benchmark interest rate unchanged for 7th straight month

STORY: Türkiye keeps benchmark interest rate unchanged for 7th straight month DATELINE: July 22, 2022 LENGTH: 00:01:34 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. Various of Turkish central bank 2. Various of Turkish lira 3. Various of Turkish central bank 4. Various of an exchange office in Türkiye (courtesy of Ihlas News Agency) 5. Various of Turkish central bank 6. Various of people at shopping in Türkiye (courtesy of Ihlas News Agency) 7. Various of Turkish central bank 8. Various of U.S. dollar STORYLINE: Türkiye's central bank kept its benchmark interest rate unchanged at 14 percent for a seventh straight month on Thursday amid soaring inflation. "The committee expects the disinflation process to start on the back of measures taken and decisively implemented for strengthening sustainable price and financial stability along with the resolution of the ongoing regional conflict. Accordingly, the committee has decided to keep the policy rate unchanged," the central bank's Monetary Policy Comm

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Turkey keeps benchmark interest rate unchanged for sixth straight month

STORY: Turkey keeps benchmark interest rate unchanged for sixth straight month DATELINE: June 24, 2022 LENGTH: 00:01:08 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. exterior of Turkey's central bank 2. various of bank workers counting money 3. various of street views in Turkey 4. various of people shopping STORYLINE: Turkey's central bank kept its benchmark interest rate unchanged at 14 percent for a sixth straight month on Thursday despite the rising inflation. While the share of sustainable components of economic growth increases with tourism-related improvements, risks on current account balance due to energy prices continue, the central bank's Monetary Policy Committee (MPC) said in a statement. "Credit growth and allocation of funds for real economic activity purposes are closely monitored. The committee will continue to implement the strengthened macroprudential policy set decisively and take additional measures when needed," the statement said. The committee expects the "disinflation process t

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Turkey keeps benchmark interest rate unchanged for 4th straight month

STORY: Turkey keeps benchmark interest rate unchanged for 4th straight month DATELINE: April 15, 2022 LENGTH: 00:01:04 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. Various of Turkish central bank 2. Various of Turkish lira 3. Various of Turkish people at ATM 4. Various of Turkish people at fresh vegetable bazaar (courtesy of Ihlas news agency) 5. Various of cars on the streets in Turkey 6. Various of a gas station in Turkey 7. Various of Turkish central bank 8. Various of Turkish President Recep Tayyip Erdogan 9. Various of Turkish people at a supermarket STORYLINE: Turkey's central bank kept its benchmark interest rate unchanged at 14 percent for a fourth straight month on Thursday despite the rising inflation. The recent increase in inflation has been driven by rising energy costs resulting from geopolitical developments and strong negative supply shocks caused by the rise in global energy, food and agricultural commodity prices, the central bank's Monetary Policy Committee (MPC) said. The MP

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Turkey's central bank keeps interest rate unchanged at 14 pct

STORY: Turkey's central bank keeps interest rate unchanged at 14 pct DATELINE: March 18, 2022 LENGTH: 00:01:34 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish central bank 2. various of bank notes STORYLINE: The Monetary Policy Committee of Turkey's central bank on Thursday decided to keep the policy rate constant at 14 percent. The committee released a statement on Thursday, saying it "expects the disinflation process to start on the back of measures taken and decisively pursued for sustainable price and financial stability along with the decline in inflation owing to the base effect and the resolution of the ongoing regional conflict." "Accordingly, the committee has decided to keep the policy rate unchanged," said the statement. The policy rate has been standing at 14 percent in Turkey since the meeting of the committee in December 2021. Xinhua News Agency correspondents reporting from Ankara. (XHTV)

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BOJ chief Fukui says economic recovery intact

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui holds a press conference Sept. 9. and downplays signs of possible economic slowdown, saying the recovery trend remains unchanged. The BOJ's policy-setting panel left its ultra-loose monetary policy unchanged the same day. (Kyodo)

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BOJ keeps super-loose policy despite speculation of change

TOKYO, Japan - Bank of Japan Governor Toshihiko Fukui speaks at a press conference on Feb. 17 after the central bank's Policy Board left its super-loose monetary policy unchanged. ''We will maintain the quantitative monetary easing policy in line with our commitment regarding the consumer price index,'' Fukui said. (Kyodo)