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Published 3 years ago

Erdogan's waning patience: Four questions for Turkey's central bank

Summary by Reuters

By Jonathan Spicer and Nevzat Devranoglu ISTANBUL - Turkey's central bank has begun setting the stage for an interest rate cut long sought by President Tayyip Erdogan, although most analysts don't think it will pull the trigger this week after inflation jumped and the lira took a slide. The bank has kept its benchmark rate at 19% since March, when Erdogan installed Sahap Kavcioglu as

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Erdogan's waning patience: Four questions for Turkey's central bank

By Jonathan Spicer and Nevzat Devranoglu ISTANBUL - Turkey's central bank has begun setting the stage for an interest rate cut long sought by President Tayyip Erdogan, although most analysts don't think it will pull the trigger this week after inflation jumped and the lira took a slide. The bank has kept its benchmark rate at 19% since March, when Erdogan installed Sahap Kavcioglu as

3 years ago·United Kingdom

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