EghtesadOnline: Turkish President Recep Tayyip Erdogan heightened his criticism of economic policy makers and bankers, warning that they risked provoking his intervention. The lira weakened to a record low and debt and equity markets slumped.

EghtesadOnline: The Turkish central bank’s unexpected interest-rate increase provided only a fleeting respite for the nation’s beleaguered currency, with the lira’s knee-jerk advance dissipating within hours of the decision to boost borrowing costs.

EghtesadOnline: Turkey’s central bank unexpectedly raised its one-week repurchase and overnight lending rates for the first time in almost three years, after the lira’s plunge to a record low and its impact on inflation trumped political demands for lower borrowing costs.

EghtesadOnline: Turkey’s central bank did the right thing by cutting interest rates this week and it should continue to do so, President Recep Tayyip Erdogan said.

EghtesadOnline: The Turkish central bank cut a key interest rate for a seventh month to extend its longest easing cycle in at least six years, amid mounting signs that growth is losing steam as consumers keep a lid on spending.