Turkey's central bank hiked its main interest rate for the second month in a row on Thursday but analysts said the unwinding of President Recep Tayyip Erdogan's unconventional policy was too timid to tame inflation. After years of cuts that aimed to boost growth but fuelled inflation and caused the lira to tumble, the bank doubled its rate last month from 8.5 percent to 15 percent. The latest hike was smaller, at 2.5 percentage points, taking the rate to 17.5 percent. The central bank said in a statement that it "decided to continue the monetary tightening process in order to establish the disinflation course as soon as possible, to anchor inflation expectations, and
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