Turkish central bank doesn't change rates as inflation soars

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ISTANBUL (AP) — Turkey’s central bank kept interest rates unchanged for a third straight month Thursday as consumer prices surge at an eye-popping pace, coming after a series of rate cuts last year triggered a currency crisis that has made it difficult for people to buy basic goods. The latest official statistics showed inflation above 54.4%. The bank said in a statement that inflation has been driven by “rising energy costs resulting from the heightened regional conflict,” referring to Russia's
 
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