A Turkish national flag flies outside the University of Istanbul in Istanbul, Turkey. (Photographer: Kostas Tsironis/Bloomberg)

Turkey Unexpectedly Refrains From Rate Increase; Markets Tumble

(Bloomberg) -- Turkey’s central bank stunned investors by keeping interest rates unchanged, defying market expectations and heeding President Recep Tayyip Erdogan’s demands to refrain from raising ...

Bloomberg Quint

Add BloombergQuint App to Home screen.