Turkey’s central bank hikes interest rates again in further shift in economic policies

Turkey’s central bank hikes interest rates again in further shift in economic policies

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ISTANBUL -- Turkey’s central bank raised its key interest rate by 5 percentage points Thursday, another large but expected hike that signals a continued push toward more traditional economic policies under President Recep Tayyip Erdogan. The bank hiked its policy rate to 30%, saying it has kept up…

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