Tag: banks
Central banks ease policy to support Chinese and Turkish economy
China’s central bank is lowering one of its benchmark rates to support the country’s economy amid a faltering recovery. At the same time, the Central Bank of Turkey seems to…
the president’s grip on the central bank’s key rates
Recep Tayyip Erdogan persists and signs. On Monday, November 29, he again said he was opposed to any “compromise” concerning the level of key rates of the Central Bank of…