Home Turkey’s Erdogan: Interest rate cut is not enough, will continue until year-end

Turkey’s Erdogan: Interest rate cut is not enough, will continue until year-end

Published date: 26 Jul. 2019 | 11:27

Reuters reports the latest comments by the Turkish President Erdogan, as he offers his take on the recent Turkish central bank (CBRT) interest rate decision.

Key Headlines:

The interest rate cut is not enough, will continue until year-end.

Inflation will come down when the interest rate is lower.

Been defending that 24% interest rate is very high for Turkey.

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