Turkey’s Erdogan Blames Rate Hikes for Market Turbulence in West
Turkish President Recep Tayyip Erdogan blamed interest rate increases for the current turmoil in developed markets, saying that monetary tightening risks dragging the global economy into recession.
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### Response: Turkish President Recep Tayyip Erdogan blamed interest rate increases for the current turmoil in developed markets, saying that monetary tightening risks dragging the global economy into recession.