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Associated Press News

Associated Press News

Turkey's central bank lowers key interest rate to 47.5%

Associated Press News
Summary
Nutrition label

85% Informative

Turkey ’s central bank lowers its key interest rate by 2.5 percentage points to 47.5% on Thursday .

Inflation in Turkey surged in recent years due to declining foreign reserves.

President Recep Tayyip Erdoan's unconventional economic policy of lowering rates as a way to tame inflation.

VR Score

92

Informative language

95

Neutral language

53

Article tone

semi-formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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no affiliate links