Erdogan says Türkiye must further lower interest rates

ANKARA, Sept. 29 (Xinhua) -- Türkiye must continue lowering interest rates, President Recep Tayyip Erdogan said on Thursday, indicating another cut in the country's benchmark rate in October.

"My biggest enemy is interest. We have cut the interest rate to 12 percent. Is it enough? Not enough. It must go down further," Erdogan said at a meeting of the Turkish Confederation of Tradesmen and Craftsmen in the c