Albayrak and Turkey’s crisis management - Tim Ash assesses

Turkish inflation edged up in October to 25.2 percent, the highest in 15 years. Meanwhile, Treasury and Finance Minister Berat Albayrak is reeling off stimulus measures to help Turks avoid the worst of an economic downturn ahead of March local elections.

I speak with Tim Ash, senior emerging markets strategist at Blue Bay Asset Management in London about the government’s policy mix and the likely impact of the ongoing downturn on ordinary Turkish consumers.