BBCNEWS World Business Report January 20, 2022 05:43:00
The country's currency, the lira, and stoked the cost of living. the official rate of inflation has spiralled to 36% — but many put the real rate at more than double that. guido cozzi is professor of macroeconomics at the university of st gallen in switzerland welcome to the programme. we have just been talking about the united states and the uk and everybody is expecting both central banks to up their interest rates because of inflationary pressure and yet, inflationary pressure and yet, in turkey, we see very high inflation and very weak lira and the central bank doing the opposite. and th...
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