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Turkey's Erdogan set for economic U-turn and steep interest rate hike

2023-06-22 01:24
Turkey is expected to reverse some of the unorthodox economic policies of President Erdogan.
Turkey's Erdogan set for economic U-turn and steep interest rate hike

Turkey is poised to reverse some of the unorthodox economic policies of President Recep Tayyip Erdogan as his new economic team tries to bring down rampant inflation.

Less than a month after Mr Erdogan won re-election, interest rates are expected to rise dramatically from the current level of 8...