Skip to content
Subscriber Only

Turkey Stealth Tightening Sets Back Clock on Rate Simplification

A street vendor sells Turkish national flags in the Eminonu district of Istanbul, on July 21.
A street vendor sells Turkish national flags in the Eminonu district of Istanbul, on July 21.Photographer: Kerem Uzel/Bloomberg

Follow us @middleeast for more news on the region.

The monetary-policy framework that confounded investors in Turkey for years is making a comeback.