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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	The Turkish central bank on Wednesday cut its main interest rate again by a full percentage point to 8.75 percent despite a fall in the Turkish lira's value against the US dollar. The one-week repo auction rate was trimmed by one percentage point, it said, marking the eighth consecutive cut in less than a year. The Bloomberg consensus was for a reduction of 0.5 percent. The lira has been declining against the greenback since the coronavirus crisis began earlier this year, losing more than six percent in value in the past month. The Turkish currency stood at 6.99 to the dollar after the bank's announcement. The bank acknowledged the lira's decline but said the continued sharp fall in international commodity prices including crude oil "affects the inflation outlook favourably". It reiterated that "risks to the year-end inflation projection are on the downside", as annualised inflation fell last month to 11.86 percent from 12.37 percent in February. raz/fo/wai
schema:headline	Turkey cuts interest rate to 8.75% despite lira fall
schema:mentions	Interest rate Commodity Bloomberg L.P. Turkish lira Dollar Inflation Currency United States dollar Turkey Coronavirus Central Bank of the Republic of Turkey United States Note Price of oil Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-22 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	58 (xsd:integer)
http://data.cimple...tology#hasEmotion	sadness

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