Turkey has reduced its benchmark one-week repo rate from 45% to 42.5% following a drop in annual inflation below 40%. The central bank plans to cautiously adjust rates based on inflation trends. Despite official figures showing inflation at 39.1%, independent economists believe the actual rate is higher, attributing high inflation to rising energy prices and past economic policies of President Erdogan, who has shifted to a new economic team. Teljes cikk (Euronews.com)