Tag: Recep Tayyip Erdogan
Turkey Surprises With Big Rate Cut Again as Erdogan Won’t Let Up
(Bloomberg) -- The Turkish central bank delivered another interest-rate cut that exceeded forecasts, emboldened by the lira’s stability and egged on by President Recep...
Turkish Economy Loses Momentum as Politics Dent Recovery
(Bloomberg) -- Turkey’s economy lost some of its momentum in the third quarter as political uncertainty and heightened fear of U.S. sanctions hurt a...