Economy
Turkey keeps interest rate at 37%: Oil endangers inflation decline
Inflation fell to 31.5% and economic activity weakened, but high energy prices make it difficult for the central bank to continue rate cuts; the high interest rate helps the lira and attracts foreign investors, but burdens businesses and households
· Source: N12. photo as published by the outlet
Inflation fell to 31.5% and economic activity weakened, but high energy prices make it difficult for the central bank to continue rate cuts; the high interest rate helps the lira and attracts foreign investors, but burdens businesses and households
