Turkey’s Central Bank Raises Interest Rates to Curb Inflation
The bank’s move, to ramp up the benchmark rate by 6.25 percentage points, had long been resisted by President Recep Tayy...
The bank’s move, to ramp up the benchmark rate by 6.25 percentage points, had long been resisted by President Recep Tayy...
After years in which inflation was barely a concern, it has been creeping back up toward its long-term average.