Turkey - AKP’s Canikli hints CBT governor sacked as he went too far with rate hikes
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Turkey - AKP’s Canikli hints CBT governor sacked as he went too far with rate hikes

AKP's deputy chair Canikli says Agbal dismissed because of irrational use of policy tools

Canikli defends positive real policy rate but sees current level of policy rate above optimal level

His remarks signal rate cuts likely in short run, in our view

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Created: 22/03/2021
Date of publication: 22/03/2021