By CNBCTV18.comMini This is the second month that the Central Bank of the Republic of Turkey has cut interest rates. The country has announced yet another slash in interest rates even as inflation in the Recep Tayyip Erdogan-led country stood over 80 percent. In light of the continuing unusual economic policy in Turkey, Indian economist and historian Sandeep Sanyal called the situation a ‘natural experiment’. ALSO READ:“This is what economists call a ‘natural experiment’..... rarely do countries sign up for it. This is what economists call a "natural experiment"..... rarely do countries sign up for it.

Source: ABC News September 23, 2022 08:32 UTC