Türkiye’s Homemade Crises

marginalrevolution.com/marginalrevolution/2025/10/turkiyes-homemade-crises.html

Türkiye’s response to post-pandemic inflation is a cautionary tale of how political pressure for low interest rates can create macroeconomic instabilities. While central banks worldwide raised interest rates to combat inflation in 2021-2023, Turkish authorities pursued the opposite…

This story appeared on marginalrevolution.com, 2025-10-04 05:09:04.
The Entire Business World on a Single Page. Free to Use →