· Fatih Karahan Wiki · Central Bank of the Republic of Türkiye WikiRecent economic and financial developments in Turkey
Read full speech on bis.org ↗ContextAddress to shareholders at the central bank's 92nd ordinary general assembly in Ankara; the Central Bank of the Republic of Türkiye fights high inflation and rebuilds credibility.
Why it mattersKarahan reports to shareholders on decisive steps toward price stability.
Problems raised
- Turkey faced high inflation.
- Price stability was lacking.
- Decisive action was needed.
Solutions proposed
- Make price stability the main contribution to welfare.
- Take decisive monetary steps.
- Report to shareholders on policy.