Turkey's central bank cut its main interest rate to 8.5% from 9% on Thursday, moving to cushion the economic impact of a devastating earthquake that killed more than 43,000 people in country's south on Feb 6.
Even before the quakes, analysts said there could be more easing ahead of presidential and parliamentary elections due by June 18 and expected on May 14, and in which President Tayyip Erdogan is expected to face the biggest political challenge of his two-decade rule.
A 500-bps run of easing last year and subsequent slump in the lira contributed to inflation soaring above 85%. It dropped to a still-high 58% in January.
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