Recent economic and financial developments in Turkey
22 May 2025 · Fatih Karahan , Governor of the Central Bank of the Republic of Türkiye (Türkiye)
Summary written by Dark Majestic in its own words · topics: inflation and price stability , development and emerging economies
FK 22 May 2025 · Fatih Karahan Wiki · Central Bank of the Republic of Türkiye Wiki Recent economic and financial developments in Turkey Context Press briefing in Istanbul presenting the central bank's second quarterly Inflation Report of 2025; the Central Bank of the Republic of Türkiye fights very high inflation through tight policy.
Why it matters The Turkish governor explains the response to lira volatility after the March market turmoil and the exit from protected deposits.
Problems raised Inflation expectations varied by sector. The lira faced volatility. Protected deposits (KKM) needed unwinding. Solutions proposed Continue disinflation policies. Reduce lira volatility with measures. Shift savings to lira deposits safely. Read full speech on bis.org ↗ More from Fatih Karahan · Central Bank of the Republic of Türkiye · all speeches
More speeches by Fatih Karahan Other leaders on inflation and price stability
Dark Majestic is independent and is not affiliated with any of the institutions or people listed. Summaries are our own reading of public speeches; they are not official texts and not investment advice. Each speech opens on the official website of the institution that published it; no speech text is reproduced here.
Methodology · All speeches · Legal notice
© 2026 Dark Majestic
