ANKARA, April 21 (Reuters) - Turkish President Tayyip
Erdogan said on Friday that interest rates will fall as long as
he is in power, and that inflation will decline with them,
repeating his unorthodox views.
Erdogan was speaking in Istanbul weeks before a presidential
election on May 14. Some anticipate a shift to more orthodox
policies after the vote.
Turkey's central bank has slashed its policy rate to 8.5%
from 19% since late 2021 in line with Erdogan's economic views.
The easing cycle led to a currency crisis and sent inflation
soaring, eating away at household savings.
(Reporting by Ali Kucukgocmen
Editing by Mark Heinrich)
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