interest rates

Wall Street -- AFP
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Investors generally prefer lower interest rates because higher rates slow the economy’s growth and undercut prices for stocks and other investments.

The New Arab Staff & Agencies
17 September, 2026
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Egypt inflation rise
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The Turkish government is cutting interest rates despite soaring inflation [Getty]
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Turkey's President Erdogan
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Erdogan doubled down on his controversial economic policies [Getty]
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Bank of England
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Oman Grand Mufti
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Erdogan has supported low interest rates despite the collapsing value of the Turkish lira [Getty]
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Turkish Lira
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