Global central bank assault claims Turkish victim
July 07, 2019, 12:17:00 PM EDT By Reuters
Reuters
By Dasha Afanasieva
LONDON, July 7 (Reuters Breakingviews) - Independent central bankers are under attack around the world. Turkey'sMurat Cetinkaya has become the latest casualty. President Tayyip Erdogan, who wants lower interest rates to boost growth, on Saturday fired the governor who had maintained some credibility by keeping benchmark borrowing costs on hold since September. His replacement, Murat Uysal, will find it even harder to give the president what he wants.
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