Roubini Flummoxed as Lira Slide Clouds Rate Bets

Roubini Flummoxed as Lira Slide Clouds Rate Bets

Kerem Uzel/Bloomberg

Nouriel Roubini is no clearer on whether Turkey’s central bank will cut borrowing costs tomorrow than economists or traders after a drop in the lira prompted investors to pare bets for a reduction in interest rates.