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TESK President Palandöken warns about interest rates! Inflation will not fall

Summary by superhaber.com
Bendevi Palandöken, the Chairman of the Confederation of Turkish Tradesmen and Craftsmen (TESK), reacted to the Central Bank's 350 basis point interest rate hike. Palandöken said that interest rate hikes will not reduce inflation, but rather will halt investments and increase costs and unemployment. Here are the details...
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TESK President Palandöken warns about interest rates! Inflation will not fall

Bendevi Palandöken, the Chairman of the Confederation of Turkish Tradesmen and Craftsmen (TESK), reacted to the Central Bank's 350 basis point interest rate hike. Palandöken said that interest rate hikes will not reduce inflation, but rather will halt investments and increase costs and unemployment. Here are the details...

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superhaber.com broke the news in on Tuesday, April 22, 2025.
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