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Monday, May 26, 2014

Erdogan Says Basci’s Paltry Turk Interest Rate Cut Is a Joke - Bloomberg

Erdogan Says Basci’s Paltry Turk Interest Rate Cut Is a Joke
By Onur Ant and Selcan Hacaoglu May 26, 2014 4:36 PM GMT+0300

Turkish Prime Minister Recep Tayyip Erdogan said the central bank’s decision to cut the key interest rate by a half percentage point last week is a joke and told policy makers to “shape up.”

More:Erdogan Says Basci’s Paltry Turk Interest Rate Cut Is a Joke - Bloomberg