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Turkey's new central bank head plans tight monetary policy until inflation curbed

Turkey's newly appointed central bank governor Fatih Karahan said on Sunday that his team is determined to maintain tight monetary policy until inflation falls to levels consistent with their target. Karahan replaced Hafize Gaye Erkan on Saturday, hours after she resigned saying she needed to protect her family amid a "reputation assassination". In his first remarks after his appointment, Karahan said the priority was price stability, and that he would continue efforts to ensure...
New York University New York United States Columbia University Fatih Karahan Hafize Gaye Erkan
Source: yahoo.com

Turkey central bank ready to take action if needed - bankers quote governor

Turkish Central Bank Governor Hafize Gaye Erkan said at an investor meeting late last week that the bank is vigilant on inflation risks and ready to take any necessary action if needed, bankers said. ... -January 14, 2024 at 11:50 pm EST - MarketScreener
United States Tayyip Erdogan Edmund Klamann Nevzat Devranoglu Daren Butler Turkish Central Bank Governor Hafize Gaye Erkan

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Turkey may exclude banks from inflation-adjusted accounting -minister

Turkey will move to inflation-adjusted accounting, but financial institutions may be excluded from the practice, Finance Minister Mehmet Simsek said late on Tuesday. Turkish companies... -November 01, 2023 at 02:40 am EDT - MarketScreener
Nevzat Devranoglu Mehmet Simsek Huseyin Hayatsever Turkey Baskent University Finance Minister Mehmet Simsek Baskent University

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