Turkish Central Bank Hikes by 625 BPS! Will It Work?
This is a recorded live stream conducted from London on Thursday, September 13th, 2018.
In this report, I cover the decision by the Turkish Central Bank to raise interest rates in order to try and stem the drop of the lira. My conclusion is that it could help stabilize the currency temporarily but that the trend is for more trouble ahead for the Turkish lira.
I also take questions from the viewers on various subjects related to markets, economics, geopolitics, and precious metals.
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You let out the most important piece to this interest rate rise........Turkey is now at 24%........that's right 24%
When does the hyper inflation really kick in?
Waiting for a best prize of Steem dollars.
Agreed