Turkey’s Central Bank Cuts Rates in Surprise Decision
Markets have surged as investors price in a soft landing for the U.S. economy and the end of peak inflation. But that all could be threatened if the dollar continues to weaken. WSJ’s Dion Rabouin explains. Illustration: David FangUpdated Aug. 18, 2022 9:08 am ET ISTANBUL—Turkey’s central bank unexpectedly cut…
bubmagAugust 18, 2022