Turkey’s central bank maintained its key policy rate at 37 percent during its latest meeting on Thursday. This decision marks a continuation of the recent pause in interest rate cuts. The bank cited persistent inflation, remaining above 30 percent, as a primary reason for holding rates steady. Rising energy prices were also identified as a significant risk to the country’s ongoing disinflation program. The overnight lending rate remained at 40 percent, with the borrowing rate held at 35.5 percent. This move suggests the central bank is prioritizing price stability amidst economic challenges.