Turkish central bank makes huge rate cut amid 83% inflation | AP News

Turkish central bank makes huge rate cut amid 83% inflation ZEYNEP BILGINSOY ISTANBUL (AP) — Turkey’s central bank has slashed interest rates for the third month in a row, making its biggest drop this year despite sky-high inflation that is squeezing people’s finances as it follows President Recep Tayyip Erdogan’s unorthodox economic views. More:Turkish central bank makes huge rate cut amid 83% inflation | AP News