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The Grand Turk
Turkey's inflation is a result of wrong central bank steps, Erdogan says
2018-09-14
[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

#2  Should have got an inflation* stooge like Carney in.


*Wage rises bad, cost of living increases good.
Posted by: Bright Pebbles   2018-09-14 16:59  

#1  Turkey's inflation is a result of wrong central bank steps, Erdogan says

Of course. Choosing to go the route of Venezuela?
Posted by: gorb   2018-09-14 13:22  

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