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View Full Version : Turkish Bank Unexpectedly Cuts Key Rate to 17.25% (Update1) - Bloomberg



NewsWhore
09-13-2007, 01:00 PM
Turkish Bank Unexpectedly Cuts Key Rate to 17.25% (Update1) (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DafQJkS1gHUOw%26refer%3Deurope&cid=1120733069&ei=92vpRtrmBoqw0QHC4qiJCQ)
Bloomberg - 34 minutes ago
``This is a risky move because they're assuming the impact of a slowdown in demand will be greater than any potential inflationary currency weakness,'' said ...



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