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Monday, October 22, 2012

Inflation Being Wrung Out as Basci Holds Low Rate: Turkey Credit - Businessweek

Inflation Being Wrung Out as Basci Holds Low Rate: Turkey Credit
By David Neylan on October 22, 2012

Turkey’s central bank Governor Erdem Basci is wringing out inflation expectations from the market by keeping the lowest end of his interest-rate band unchanged in the face of mounting calls from the government for cuts.

More:Inflation Being Wrung Out as Basci Holds Low Rate: Turkey Credit - Businessweek