Turkey's inflation is a result of wrong central bank steps, Erdogan says
[Al Rooters] Turkey's high inflation is a result of the central bank's wrong steps and Turkey must lower interest rates, President Tayyip Erdogan said on Thursday, two hours before a central bank announcement which investors expect will hike rates.
Gulenists!
Speaking to a traders' confederation in Ankara, Erdogan said what Turkey is experiencing is not a crisis and repeated his belief that high interest rates cause high inflation.
Economic Genius
Posted by: Frank G 2018-09-14 |