who s based in the turkish capital, ankara. the tour, a lot ahead for president erdogan, he thinks cost of living crisis is manageable is it? that crisis is manageable - is it? that is an excellent crisis is manageable - is it? that is an excellent question, - crisis is manageable is it? twat is an excellent question, and one had so many economists across the world are wondering about, because he has pursued such unorthodox economic and monetary policies over the last several years, he has put a lot of pressure on the central bank not to raise interest rates, as most central banks usually do to combat rising prices, and that has let inflation run away. as you said, inflation run away. as you said, inflation currently at 44%, it topped out at 88.5% last year, so household is really feeling the pinch, and the question is whether president erdogan will put a team around him now who will sort of convince him that more orthodox monetary policy is the way to go. the thing is,
those images of the former president there speaking in bedminster. helena, iwant president there speaking in bedminster. helena, i want to come to you now. you have been following again everything that s been happening in miami and also watching these speech rather from the former president there. ijust speech rather from the former president there. i just want to ask you also what you have been hearing there on the ground today in florida on how they how residents there, how floridians really feel about how all of this will affect the former president and his chances to become president again? chances to become president auain? . , , ,., chances to become president auain? . , , , ., ., again? certainly depends on who ou ask in again? certainly depends on who you ask in all again? certainly depends on who you ask in all of again? certainly depends on who you ask in all of this. you ask in all of this. certainly a lot of backers for donald trump and a lot of backers coming out
the thing is, that will also come with a hefty dose of economic pain for households, so a question of how patient households on the government can be in normalising the economy here, especially with other, local elections coming up injust a year, so campaign season, although the presidential election is done and dusted now, there is still another campaign that will get under way shortly. campaign that will get under way shortl . . , . ., , shortly. and after big elections, ou often shortly. and after big elections, you often see shortly. and after big elections, you often see the shortly. and after big elections, you often see the successful- you often see the successful candidate can blame the previous administration, we are going to clean it up, this is our new policy he has no one else to blame but himself, does he? it - he has no-one else to blame but himself, does he? - he has no-one else to blame but himself, does he? it depends on who ou ask, himself, does he? it depend