Turkey Cuts Interest Rate to 9%

Turkey’s central bank tapered its interest rate corridor to its narrowest point by cutting the overnight lending rate for a fourth month, marking a major milestone in its attempt to simplify monetary policy. Bloomberg's Onur Ant speaks to Rishaad Salamat on "Bloomberg Markets Middle East."

Full Show: Surveillance (09/20)
53:12 - Bloomberg Surveillance hosted by Tom Keene, Francine Lacqua, and Nejra Cehic. Guests include former Bank of England Governor Mervyn King, Sir Martin Sorrell, chief executive officer at WPP Plc, and Richard Haass, president at Council on Foreign Relations. (Source: Bloomberg)
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