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...His predecessor, Hafize Gaye Erkan, stepped down about eight months into her tenure, during which she increased interest rates from 8.5 per cent to 45 per cent....
...The central bank, led by former Goldman Sachs banker Hafize Gaye Erkan, has lifted its main interest rate to 42.5 per cent from 8.5 per cent last summer in an attempt to cool price growth, which peaked at...
...Most analysts think new central bank governor Hafize Gaye Erkan will need to raise rates much higher to contain price pressures, setting up a potential clash with the president and raising the possibility...
...The inflows have come as central bank governor Hafize Gaye Erkan, a former Wall Street banker who was appointed in June, has more than doubled interest rates in an attempt to rein in inflation, which is...
...Hafize Gaye Erkan, who oversaw a campaign of sharp rate rises, resigned from the top job at the central bank on Friday, blaming a smear campaign against her in domestic media....
...Turkey’s central bank governor Hafize Gaye Erkan, who oversaw a campaign of huge interest rate rises, has resigned just months into her tenure, blaming what she called weeks of smears against her in local...
...Turkey’s central bank governor Hafize Gaye Erkan has resigned just months after the country embarked on an economic policy overhaul that has featured huge rises in borrowing costs....
...Turkey has appointed central bank deputy governor Fatih Karahan to the top job just hours after previous chief Hafize Gaye Erkan abruptly quit....
...The TWF’s fundraising plans come after central bank chief Hafize Gaye Erkan late on Friday stepped down just over seven months into her tenure, during which she increased the main one-week repo rate from...
Former governor Hafize Gaye Erkan was an architect of the shift towards more conventional policies
...Prior to central bank chief Hafize Gaye Erkan’s appointment in June, the bank had set rates at just 8.5 per cent, as Turkish President Recep Tayyip Erdoğan had insisted on keeping borrowing costs at super...
...Fatih Karahan was making his first public appearance as head of the central bank less than a week after replacing Hafize Gaye Erkan....
...The central bank, helmed by former Goldman Sachs banker Hafize Gaye Erkan, said inflation could rise above 70 per cent by summer, but would then cool rapidly to 36 per cent by year-end....
...Hafize Gaye Erkan had been on the job for less than a year, and during that time she started a major overhaul of Turkey’s economic policy. I’m joined now by the FT’s Turkey correspondent Adam Samson....
...The move comes a day after central bank governor Hafize Gaye Erkan, a former Wall Street banker who was appointed in June, acknowledged that Turkey’s economy was overheating and that inflation would probably...
...The central bank, led by former Goldman Sachs banker Hafize Gaye Erkan, has raised the benchmark interest rate from 8.5 per cent in June to 42.5 per cent, as Erdoğan has at least temporarily abandoned his...
...Central bank chief Hafize Gaye Erkan has vowed since her appointment in June to tighten monetary policy as much as necessary to cool inflation, which is running at above 60 per cent....
...adam.samson@ft.com...
...The central bank, led by former Goldman Sachs banker Hafize Gaye Erkan, has boosted interest rates six times since the start of June from 8.5 per cent to 40 per cent as it attempts to cool price growth that...
...Turkey’s new economic management team, led by finance minister Mehmet Şimşek and central bank chief Hafize Gaye Erkan, has begun unwinding many of the unorthodox economic policies pursued by Erdoğan prior...
...Central bank governor Hafize Gaye Erkan, who was appointed in June, has more than doubled interest rates from 8.5 per cent....
...Central bank chief Hafize Gaye Erkan has vowed since her appointment in June to tighten monetary policy as much as is necessary to cool inflation, which is running at more than 60 per cent....
...He appointed Mehmet Şimşek, a highly regarded former Merrill Lynch bond strategist, as finance minister and ex-Goldman Sachs banker Hafize Gaye Erkan as central bank chief....
...Hafize Gaye Erkan said inflation would reach 58 per cent by December, compared with a previous forecast of just over 22 per cent....
...The cost to protect against a Turkish debt default has eased markedly since the new economic team, led by finance minister Mehmet Şimşek and central bank chief Hafize Gaye Erkan, were appointed in June....
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