content tagged with Hafize Gaye Erkan

Turkey's Central Bank governor reveals living with mother due to exorbitant rental prices in İstanbul

Turkey's Central Bank governor reveals living with mother due to exorbitant rental prices in İstanbul

Gaye Erkan's statement was met with skepticism, with many questioning how she claims inability to afford a rental home in İstanbul despite her substantial Central Bank governor salary and a lucrative career in finance in the US.

16 December 2023 Volga Kuşçuoğlu

'Inflation to start declining in 2024'

'Inflation to start declining in 2024'

Central Bank Governor Hafize Gaye Erkan stated that they are working to lay the groundwork for inflation to start declining in 2024.

Turkey's Central Bank raises year-end inflation forecast from 22% to 58%

Turkey's Central Bank raises year-end inflation forecast from 22% to 58%

The inflation rate for food prices is projected to reach 61 at the end of the year, according to the governor of the bank.