Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 2 years ago

Turkey's central bank hikes interest rate by 500 basis points to 40%, well above expectations

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Turkey's central bank hikes interest rate by 500 basis points to 40%, well above expectations

Lee Duna@lemmy.nz to

World News@lemmy.worldEnglish · 2 years ago

Turkey's central bank on Thursday hiked its main interest rate by 500 basis points to 40% in a move that was larger than expected by economists.

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Kyrgizion@lemmy.world
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2 years ago
“Hmm, pouring oil on this fire has only made it blaze higher the last few times. Better try it again, surely this time it’ll work as long as I use more oil!”
- stifle867@programming.dev
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  2 years ago
  “Fighting fire with fire” as a monetary policy 🤣
  - InternationalBastard@lemmy.world
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    2 years ago
    Fighting fire with oil.
  - InternationalBastard@lemmy.world
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    2 years ago
    Fighting fire with oil

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