Analysis: Going holistic: Turkey s new central bank chief pitches comprehensive policy reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) - Turkey's new central bank chief pitched a comprehensive monetary policy in her first f.
Turkey's new central bank chief pitched a comprehensive monetary policy in her first formal address to the media while her acknowledgment of stark inflation pressures was welcomed by foreign investors. Laying out her philosophy in her debut news conference, Hafize Gaye Erkan pledged that her holistic approach would - in addition to interest rate hikes - make use of a range of levers and macroprudential policy tools, potentially including curbs on loan growth in key sectors or credit card spending. Erkan, who was appointed in early June after President Tayyip Erdogan secured another term in office, vowed on Thursday to continue the gradual monetary tightening and more than doubled the bank's end-2023 inflation forecast to 58.0% from 22.3%.
Turkey s new central bank
chief pitched a comprehensive monetary policy in her first
formal address to the media while her acknowledgment of stark
inflation pressures was welcomed by foreign.
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) - Turkey's new central bank chief pitched a comprehensive monetary policy in her first f.