Turkey’s Great Experiment in Central Banking Serves Warning
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I’m Ben Holland, an economics editor in Washington. Today we’re looking at the cautionary tale of Turkey in the record of central bank independence. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
With threats to central bank independence in the news again, largely thanks to Trump, a new study examines one of the classic cautionary tales about what can go wrong.