"FOCUS: Turkish Economy Hits Wall In 2Q, Rate Cuts Beckon
Turkey's economy braked sharply in the second quarter as rising inflation and high interest rates ate into consumption and prompted a contraction in investments.
Now economists see the combination of slowing economic growth and softening commodity prices opening an opportunity for the central bank to ease up on interest rates, which it has hiked in three of its last four meetings."
More:FOCUS: Turkish Economy Hits Wall In 2Q, Rate Cuts Beckon - Cattle Network
