Erdogan Leans on Turkish Central Bank for Risky ‘Single Digit’ Rates
Erdogan Leans on Turkish Central Bank for Risky 'Single Digit' Rates 3ISTANBUL/ANKARA (Reuters) – Turkish President Tayyip Erdogan urged the central bank on Tuesday to continue slashing interest rates, after it already cut by 1,000 points since July, saying both rates and inflation would hopefully hit single-digits next year. Erdogan, who in July ousted the former central bank chief for not following instructions …
News story posted on 2019-11-26T13:40:00.0000000Z