Erdogan Fires Three Central Bank Interest Rate Opponents

Erdogan Fires Three Central Bank Interest Rate Opponents

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Interactive Video

Business

University

Hard

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The video discusses the impact of President Erdogan's influence on Turkey's central bank policy, particularly regarding interest rates. The Turkish lira has weakened, and Erdogan's recent firing of three central bank committee members suggests a push for further rate cuts, despite rising inflation. Analysts are revising their expectations, with some predicting a significant rate cut in the near future.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What influence does President Erdogan have on the Central Bank's policy after the recent firings?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the change in the economist's prediction for the rate cut from HSBC?

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