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United States Chicago Fed National Activity Index fell from previous 0.34 to -0.32 in April

FXStreet.com (Barcelona)

EMEA EM Express: Turkish central bank surprises with rate cut despite high inflation

The Turkish central bank, which held its monetary policy meeting on Thursday, cut the one-week repurchase rate by 50 basis points to 9.5%, despite the fact that inflation remained elevated. The overnight lending rate and the overnight borrowing rate were left unchanged at 12% and 8%, respectively.
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