Did Turkish inflation hit a 20-year high in March? Surging global energy prices probably propelled Turkish inflation to its fastest rate in two decades in March, but President Recep Tayyip Erdogan’s fixation on low interest rates means the central bank remains loath to respond with tighter monetary policy. The bank has slashed its benchmark rate […]
Have surging oil prices stoked Turkish inflation even further?
Source: Have surging oil prices stoked Turkish inflation even further?
Category: Finance, ‘Oil, inflation, prices, stoked, surging, Turkish
