Turkish central bank makes huge rate cut amid 83% inflation
Turkey’s central bank has slashed interest rates for the third month in a row, making its biggest drop this year despite sky-high inflation that is squeezing people’s finances as it follows President Recep Tayyip Erdogan’s unorthodox economic views.
Reports & sources
WTOP Washington DC
Turkish central bank makes huge rate cut amid 83% inflation (opens WTOP Washington DC)WTOP Washington DC's feed description
NBC Los Angeles
Turkey Slashes Interest Rates by 150 Basis Points Despite Inflation at 83% (opens NBC Los Angeles)NBC Los Angeles's feed description
Digital Journal
Turkish central bank cuts rates again as inflation rockets (opens Digital Journal)Digital Journal's feed description
Digital Journal
Turkish central bank cuts rates for third month (opens Digital Journal)Digital Journal's feed description
Al-Monitor
Turkey’s Central Bank ducks soaring inflation to cut rates again (opens Al-Monitor)Al-Monitor's feed description