Does Erdogan Really Believe In an Interest-Rate Lobby?

The question that really matters in Turkey right now: Does Erdogan believe what he says?

(Corrects name of association in first paragraph.)

At a meeting of the European Private Equity and Venture Capital Association in Istanbul today, Turkey's Finance Minister Mehmet Simsek got a zinger of a question: "Is it time to call the doctor?" asked Jochen Wermuth, chief investment officer at Wermuth Asset Management.

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