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Hafize Gaye Erkan: speeches

1 speech by Hafize Gaye Erkan listed between 27 July 2023 and 27 July 2023. Roles covered: Governor of the Central Bank of the Republic of Türkiye (9 June 2023 – 2 February 2024). Most frequent topics: monetary policy and interest rates, inflation and price stability, banking regulation and supervision.

Last updated 10 November 2026 · newest first

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· Hafize Gaye Erkan Wiki · Central Bank of the Republic of Türkiye WikiRecent economic and financial developments in Turkey

ContextPress briefing in Ankara presenting the third quarterly Inflation Report of 2023, soon after a policy U-turn; the Central Bank of the Republic of Türkiye is tightening to fight very high inflation.

Why it mattersErkan presents the outlook weeks after Ankara abandoned unorthodox easing.

Problems raised
  1. Inflation in Turkey is very high.
  2. Market mechanisms were distorted.
  3. Inflation expectations are unanchored.
Solutions proposed
  1. Tighten monetary policy gradually as needed.
  2. Simplify the macroprudential framework.
  3. Align market rates with inflation expectations.
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