ISTANBUL (AP) — Turkey has seen its fifth central bank leader depart in as many years as Hafize ... s deputy head at the same time Simsek took over the Finance Ministry and Erkan was appointed ...

Erkan -- a former chief executive of US real estate finance firm Greystone, co-CEO of First Republic Bank and managing director at Goldman Sachs -- will be the first woman to head the central bank.

President Erdogan previously argued against raising interest rates as a means of tackling high inflation ... The central bank, under its new chief Hafize Gaye Erkan, a former Wall Street banker ...

The head of Turkey's central bank, Hafize Gaye Erkan, 44, was only recruited from the US this month in the wake of Mr Erdogan's re-election as president. Her decision marks the first rise in ...

It looks more likely that the Turkish central bank will move to cut interest rates this year after annual inflation dropped sharply again in August, says Bartosz Sawicki of fintech firm Conotoxia ...

ANKARA -Turkey’s central bank ... price stability,” the bank said. President Tayyip Erdogan chose former Wall Street banker Hafize Gaye Erkan as central bank chief after his May re-election ...

Indeed, a tense geopolitical landscape and still-high expectations around inflation could stand in the way of a sustained easing in price rises, the central bank said. Turkey looks unlikely to see ...

At its last policy meeting, Turkey central bank held rates in place and set a hawkish tone, offering little suggestion that it would begin cutting them anytime soon. The central bank aims to bring ...

Keep up with Al-Monitor's top stories with a morning digest from across the region. For subscription inquiries, please contact subscription.support@al-monitor.com. For all other inquiries, please use ...

No Respite for Turkey’s Economy as Rates Set to Stay at 50% Turkish central bank likely to leave interest rates unchanged Economic activity beginning to slow, manufacturing shrinking ...

Police officers stand guard outside Libya's Central Bank headquarters in Tripoli on August 27, 2024. — AFP via Getty Images ...

The Turkish central bank left its benchmark interest rate at its current elevated level, despite signs of cooling inflation, saying it would keep rates high until price rises ease more sharply.