Turkey's central bank hikes key interest rate again to 45% to battle inflation
![Turkey's central bank hikes key interest rate again to 45% to battle inflation](https://twt-thumbs.washtimes.com/media/image/2024/01/25/Turkey_Economy_06101_s1440x960.jpg?f72536d07237fdd262042ae8f5e6e6de3b865f3c)
Turkey's central bank raised its key interest rate by another 2.5 percentage points on Thursday, pressing ahead with a series of hikes aimed at combating inflation that reached nearly 65% in December.