3 min

Spotlight: Turkish Lira Plunges And Inflation Surges: Is The U.S. Becoming Like Turkey‪?‬ Steve Forbes: What's Ahead

    • Investing

In Turkey the official inflation rate is 20% (more than three times that of the U.S.), the unofficial one is worse and worsening. But when it comes to inflation, is the U.S. becoming like Turkey? Steve Forbes on the recent inflation surges and disturbing similarities between the Central Bank of the Republic of Turkey’s and the Federal Reserve's ability to fight inflation. Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

In Turkey the official inflation rate is 20% (more than three times that of the U.S.), the unofficial one is worse and worsening. But when it comes to inflation, is the U.S. becoming like Turkey? Steve Forbes on the recent inflation surges and disturbing similarities between the Central Bank of the Republic of Turkey’s and the Federal Reserve's ability to fight inflation. Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

3 min