Pyramids and Pagodas

Pyramids and Pagodas

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Pyramids and Pagodas
Pyramids and Pagodas
Will the recent pivot in Turkey’s monetary policy halt the Lira’s downward spiral?
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Macro Insights

Will the recent pivot in Turkey’s monetary…

Pyramids and Pagodas
Jul 9, 2023
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Pyramids and Pagodas
Pyramids and Pagodas
Will the recent pivot in Turkey’s monetary policy halt the Lira’s downward spiral?
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Interest rate hikes provide tentative relief for investors disappointed by the country’s anti-climactic growth story, but deeper and more painful reforms are needed.

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