News Analysis: Türkiye's return to conventional economic policies requires time, efforts

by Burak Akinci

ANKARA, July 8 (Xinhua) -- For the first time in more than two years, Türkiye has hiked interest rates to combat stubborn inflation, a major source of the cost-of-living crisis in the country, but experts say restoring conventional economic policies requires time and efforts until the real effect can be seen.