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Thursday, January 13, 2011

Turkey Central Bank Governor Says Economy Not Overheating - WSJ.com

"Turkey Central Bank Governor Says Economy Not Overheating

ISTANBUL (Dow Jones)--Turkey's central bank Governor Durmus Yilmaz said Thursday that the fast-growing economy is not overheating, but stressed that the rapidly widening current account deficit can't be curbed solely through interest rate cuts, suggesting stronger policy action may be needed to close the funding gap."

More:Turkey Central Bank Governor Says Economy Not Overheating - WSJ.com