Turkey has shocked markets with a 100 basis point interest rate CUT from 14 to 13% despite inflation of nearly 80%. central bank loosens policy further to spur growth ahead of a general election next year. The response of fx markets was unsurprising!
ft.com/content/8530b6… https://t.co/fONR5ctwJA
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…