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