Turkish Central Bank Jacks Up Interest Rates in Reversal for Erdogan

Turkey’s new central bank governor raised the country’s benchmark interest rate to 15% from 8.5%

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/articles/turkish-central-bank-jacks-up-interest-rates-in-reversal-for-erdogan-8f3865By

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New MacBook Air 15-inch review: The world’s thinnest 15-inch laptopWe compare Apple’s fleet of MacBooks to help you determine which is right for you
Read more »

Norway central bank raises rate to 15-year high, with more to comeNorway's central bank raised its key policy rate by 50 basis points to 3.75% on Thursday in a bid to curb inflation.
Read more »

PREVIEW Turkish central bank to hike rates sharply in post-election pivotTurkey's central bank is expected to raise its policy rate sharply on Thursday in a strong signal that re-elected President Tayyip Erdogan has accepted some steps toward economic orthodoxy to address inflation that has soared under his watch.
Read more »