Turkey’s Central Bank Raises Rates to Near Two-Decade High

Turkey’s Central Bank Raises Rates to Near Two-Decade High

The New York Times - Business:

The bigger-than-expected rate increase, to 25 percent, is aimed at curbing stubbornly high inflation that exceeded 80 percent last year.

Aaron Boxerman
Author: Aaron Boxerman

This post first appeared in The New York Times - Business. Read the original article.