Published by
Reuters
Reuters
By Marc Jones and Rodrigo Campos LONDON/NEW YORK (Reuters) – More governments are seeking ways to prevent surging inflation whipping up economic trouble – and even public unrest – without raising interest rates. But as the examples below show, past attempts to rein in soaring prices without hiking borrowing costs have often ended badly. TURKEY Turkey has spent years slashing rates only to hike again when the lira collapses, stoking inflation. It has dabbled with measures including FX restrictions, but this time President Tayyip Erdogan is going all-in by offering to compensate lira savers from…