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Erdogan increases pressure on the Central Bank
27/05/2014 05: 06
Turkish Prime Minister Recep Tayyip Erdogan Tuesday, the Central Bank approved a further reduction of interest rates, saying that such action by the Organization finally.
Erdogan said, in his weekly parliamentary party before the Congress, justice and development, "the high numbers. Should be reduced to real investment in Turkey.
The Central Bank had announced last Thursday, reduced the basic interest rate from 10 to 9.5 percent, and kept other rates unchanged 12 and 8 percent.
The financial policy Committee decided, at its monthly monetary policy tightening even further improvement to inflation.
In April, Erdogan asked the Central Bank to reduce its stimulus package, after his victory in the municipal elections on March 30
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27/05/2014 05: 06
Turkish Prime Minister Recep Tayyip Erdogan Tuesday, the Central Bank approved a further reduction of interest rates, saying that such action by the Organization finally.
Erdogan said, in his weekly parliamentary party before the Congress, justice and development, "the high numbers. Should be reduced to real investment in Turkey.
The Central Bank had announced last Thursday, reduced the basic interest rate from 10 to 9.5 percent, and kept other rates unchanged 12 and 8 percent.
The financial policy Committee decided, at its monthly monetary policy tightening even further improvement to inflation.
In April, Erdogan asked the Central Bank to reduce its stimulus package, after his victory in the municipal elections on March 30
[You must be registered and logged in to see this link.]
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