BEYOND THE BOSPORUS: Erdogan goes back to his ‘goofy movie’ routine as his central bankers hold rates
Turkey’s central bank harried the markets on October 22 by confounding big expectations for a rate hike with the announcement that it was keeping its main policy rate (the one-week repo) at 10.25%. Markets had massively bought into a formal rate increase of at least 150bp. Following the shock, the »»»
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