Erdogan Calls on Turks to Help Stabilize the Lira as Investors Fear a Monetary Crisis

Erdogan's firing of his hawkish former central bank chief over the weekend represented the third such sacking in two years, and sent the Turkish lira's value plunging. Turkey's president has long been of the unorthodox view that higher interest rates cause inflation and are "evil." Turkey's inflation is at 15%,...