Recent economic and financial developments in Turkey
· 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, trade, fragmentation and geopolitics, development and emerging economies, growth, investment and productivity
FK · Fatih Karahan Wiki · Central Bank of the Republic of Türkiye WikiRecent economic and financial developments in TurkeyContextPress briefing in Istanbul by the Governor of the Central Bank of the Republic of Türkiye presenting the first Inflation Report of 2026.
Why it mattersExplains Turkey's meeting-by-meeting approach to rates while inflation stays high.
Problems raised- Food inflation is volatile.
- Growth is slower than before tariffs.
- Inflation uncertainty remains.
Solutions proposed- Keep a tight, inflation-focused policy.
- Decide meeting by meeting.
- Rely on improving risk indicators as inflation falls.
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