Turkey's high-interest rate inflation goals were impossible, days after the central bank dedicated itself to strict monetary policy. President Tayyip Erdogan believes as said on Monday.It was too early to relax policy and stood by a prediction that inflation of nearly 15% would collapse below 10% by the end of the year, the central bank said last week. Erdogan has consistently lobbied for lower funding costs, rumbling investors in the past, and a self-described opponent of interest rates.
