Washington Is Watching Turkey’s Election—So Is Moscow
Big Take
00:00
The Opposition Is Resonating in Turkey
Turkey has taken an unusual path to fighting inflation which is the opposite of what economists usually do when they're trying to help the economy. President Ardon believes if you lower interest rates you will increase supply and that's why Turkey's had this outlier status among global central banks. With elections approaching the president has really focused on cheap lending especially to sectors he favors in his Turkey economy model including exports and investment oriented businesses.
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