Evan Vucci/AP Turkey’s president, Recep Tayyip Erdogan, reportedly fired his central bank chief for refusing to slash interest rates. It’s a warning for Donald Trump on how things might play out should he try the same move in the US. Political influence on interest rates in other countries has led not only to high levels […]
Turkey just gave a worrying hint of the damage a Trump-run Fed might do
Evan Vucci/AP Turkey’s president, Recep Tayyip Erdogan, reportedly fired his central bank chief for refusing to slash interest rates. It’s a warning for Donald Trump on how things might play out should he try the same move in the US. Political influence on interest rates in other countries has led not only to high levels […]