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Home / Turkiye hikes interest rates in another sign of economic normalcy. But markets expected more

Turkiye hikes interest rates in another sign of economic normalcy. But markets expected more

Posted on July 20, 2023July 20, 2023 by admin

Tukiye’s central bank raised its key interest rate Thursday, another sign of commitment to a traditional path of battling inflation but still falling below expectations after critics blamed President Recep Tayyip Erdogan’s economic policies for inflaming a cost-of-living crisis.
Source: ctv business
Turkiye hikes interest rates in another sign of economic normalcy. But markets expected more

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