![Is the Feds Independence Being Tested?](/sites/default/files/styles/teaser_image_max715/public/24_2018-07-20_Blog_Teaser.jpg.webp?itok=YAGoVM7W)
Is the Feds Independence Being Tested?
Looking at the state of the Turkish economy since President Erdogan decided to meddle in the affairs of its central bank; with the Lira down about 20% vs the US dollar, inflation running at 15%, and the yield on the 10yr government bond running at almost 17%, you might be tempted to think that most leaders would stay well away from the subject.