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Tuesday, December 22, 2015

Basci Delays Policy Shift as Turkey Unexpectedly Holds Rates - Bloomberg Business

Basci Delays Policy Shift as Turkey Unexpectedly Holds Rates
Onur Ant

December 22, 2015 — 7:11 AM EST

Turkey’s central bank delayed a widely anticipated shift to a simplified monetary policy, keeping interest rates on hold and saying that it will wait to see if the calm following the U.S. Federal Reserve’s increase persists.

More:Basci Delays Policy Shift as Turkey Unexpectedly Holds Rates - Bloomberg Business