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Invalid entry: Please type the verification code again. Turkey Raises Main Interest Rate, at Odds With Erdoğan’s Pledge Turkey’s central bank raised its benchmark rate to support the currency and slow down inflation, a course at odds with a pledge by President Erdoğan, around two weeks before national elections. Dollar’s Strength Adds Stress to Emerging Market Currencies Central banks in a number of developing economies have raised interest rates or delayed rate cuts, as a now-stronger dollar has forced shifts in policy. Can Turkey’s Economic Turmoil Derail Erdogan’s Reelection? FOLLOW Markets Pulse on the go WSJ. Why Should the FOMC Start Tapering?
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