Economics
Slowdown Fuels Fears Turkey Will Push Stimulus It Can’t Afford
- GDP growth slumped during third quarter on weak consumption
- Turkey undertook massive monetary, fiscal easing to boost GDP
The Eminonu market in Istanbul.
Photographer: Ismail Ferdous/BloombergThis article is for subscribers only.
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Turkey’s nascent recovery is showing signs of weakness, fueling investors’ fears that policy makers will be forced to stimulate the economy at the expense of the lira and a recent slowdown in prices.