Turkish PM Erdogan criticises central bank over interest rates


  • World
  • Wednesday, 04 Jun 2014

ANKARA (Reuters) - Turkish Prime Minister Tayyip Erdogan said on Tuesday he hoped the central bank would cut interest rates further, criticising its stance and raising further concerns about political interference in monetary policy.

The bank trimmed rates for the first time in a year last month despite high inflation after calls for a cut from Erdogan, who is eager to maintain economic growth ahead of an August presidential election and parliamentary polls in 2015.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

After COVID, WHO defines disease spread 'through air'
Trump hush money jury selection resumes as lawyers probe for bias
Indonesian volcano eruption forces evacuations, airport closure
Croatian ruling party wins polls, prepares for talks on forming government
India's election officials climb hills, ford rivers to reach voters
Dubai's flood aftermath, Malaysian travellers facing difficulties
3,000-member revenge porn group had underage victims, US officials say. Creator arrested
Flooded UAE counts cost of epic rainstorm, airport still facing disruptions
Parents find camera disguised as phone charger in girl’s room, US cops say. Man charged
Germany arrests two for alleged military sabotage plot on behalf of Russia

Others Also Read