Turkish Pres. Erdogan’s Advisor: Rates should be as low as economic realities allow

Interest rates should be as low as economic realities allow, Yigit Bulut, an economic advisor for Turkish President Tayyip Erdogan said on Tuesday.

Additional comments

“Central bank won’t take any extraordinary action.”

“There would be no emergency meeting of the central bank.”

“The interest rates would not be lowered suddenly.”

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