Turkey’s new central banker is striking a balance that could keep both the presidency and markets at bay.

Turkey’s central bank signaled it’s set to slow the pace of monetary easing after delivering another interest-rate cut that exceeded forecasts as it navigates the conflicting demands of the presidency and markets.

President Recep Tayyip Erdogan may finally get to crow “I-told-you-so.”

A dovish message from Mario Draghi will be balm to traders if Turkey lowers rates by more than expected.

Europe’s most unpredictable central bank is leaving investors on tenterhooks again as they wonder if Serbia’s interest-rate decision augurs the third surprise cut in as many months.The prospect of two down and one to go would leave policy makers repeating a feat of confounding economists’ predictions last achieved in 2015,…

With the European Central Bank widely expected to cut rates on Thursday, policy makers further north are bracing for a replay of extremes last seen in 2015, when their currency was under a speculative attack.