Turkey’s central bank raised its key interest rate by 7.5 percentage points as it attempts to correct years of easy-money policies imposed by Erdogan.

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08/25/202308/25/2023

Wall Street Journal

Turkey’s central bank raised its key interest rate by 7.5 percentage points as it attempts to correct years of easy-money policies imposed by Erdogan.

https://www.wsj.com/economy/central-banking/turkeys-central-bank-raises-rates-more-quickly-than-expected-cdb92fb1