How Will Turkey's Election Shape the Economy?
Patrick Boyle On Finance
00:00
Erdogan's Political Strategy for Turkey's Election
Most analysts give Erdogan an edge in the election because of his strong showing in the first round. Adam Toos argues that Erdogan might pivot once he wins the election to a more sensible economic policy. The difficulty for Erdogan is that pivoting from low to high interest rates will hurt but it'll hurt a different group of people than were hurt by low rates and inflation.
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