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Tuesday, June 03, 2014

Erdogan Torments on Rates as Inflation Vindicates Basci - Businessweek

Erdogan Torments on Rates as Inflation Vindicates Basci
By Onur Ant June 03, 2014
Turkish Prime Minister Recep Tayyip Erdogan

Recep Tayyip Erdogan, Turkey's prime minister. Photographer: Krisztian Bocsi/Bloomberg

Inflation is not making life any easier for Turkish central bank Governor Erdem Basci as Prime Minister Recep Tayyip Erdogan pressures him to cut interest rates.

More:Erdogan Torments on Rates as Inflation Vindicates Basci - Businessweek