Turkey's central bank makes big rate cut amid 80% inflation

Turkey's central bank makes big rate cut amid 80% inflation ZEYNEP BILGINSOY ISTANBUL (AP) — Turkey’s central bank delivered another massive interest rate cut Thursday despite eye-popping inflation above 80%, moving the opposite way from world economies that are raising rates to control prices as the lira sunk to record lows. More:Turkey's central bank makes big rate cut amid 80% inflation