An upside down world…Turkey toys with interest rates. Will more rate cuts slow inflation, contrary to what most economists believe?

An upside down world…Turkey toys with interest rates. Will more rate cuts slow inflation, contrary to what most economists believe?

Turkey Economy Chief Says Economists Wrong as Rates Too High

An offer driven theory rests on the argument that producers forced to borrow at higher rates then push those costs on to consumers,

http://www.bloomberg.com/news/2014-08-05/turkey-economy-chief-says-lower-rates-needed-to-slow-inflation.html

 

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