Economics

Erdogan Says Record Rate Cut ‘Not Enough,’ Urges Gradual Easing

Recep Tayyip Erdogan, center, attends a session at the G-20 summit in Osaka.

Photographer: Kazuhiro Nogi/AFP
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President Recep Tayyip Erdogan called on the central bank to press ahead with monetary easing, speaking a day after it delivered Turkey’s biggest interest-rate cut in at least 17 years without roiling markets.

Read more: Why Central Banks Have Become Political Punching Bags