Tayyip Erdogan

Turkey’s Erdogan reportedly fired his central bank chief for refusing to slash interest rates

Of course our central bank is independent, Turkish president Recep Tayyip Erdogan said last year. But the central bank cant take this independence and set aside the signals given by the president. Erdogan sent a strong signal this weekend, firing central ban…

Turkish President Recep Tayyip Erdogan (previously) was dealt a stinging rebuke in March, when voters in Istanbul overthrew his AK Party, which had run the city for 25 years; Erdogan had previously said "whoever wins Istanbul, wins Turkey."> Erdogan's 15+…

In blaming his central bank for sabotaging his designs, Mr. Erdogan finds himself in powerful company. President Trump has intensified his attacks on his own central bank governor, Jerome H. Powell, asserting that high interest rates have made America less gr…

In his first remarks, Murat Uysal said the communication channels would be used at the highest level in line with the price and financial stability goals, the bank said, adding that Mr. Uysal would hold a news conference in the coming days. The main oppositi…

ANKARA (Reuters) - Turkish President Tayyip Erdogan sacked the governor of the central bank on Saturday as differences between them deepened over the timing of interest rate cuts to revive the recession-hit economy. Governor Murat Cetinkaya, whose four-year…

Image copyrightReutersImage caption Murat Cetinkaya had refused to cut interest rates Turkish President Recep Tayyip Erdogan has fired the governor of the central bank and replaced him with his deputy. No official reason was given for the sacking of Murat…

Image copyrightReutersImage caption Murat Cetinkaya had refused to cut interest rates Turkish President Recep Tayyip Erdogan has fired the governor of the central bank and replaced him with his deputy. No official reason was given for the sacking of Murat…

Turkey has fired its central bank governor without giving an official reason, as policy differences between the government and the bank deepened in the face of an economic slump. Murat Cetinkaya, who had been serving as the governor since April 2016, was rem…

Reuters Mohammed Ayoob Security, Middle East Erdogans days may not be numbered already but his grip on power will never be the same again. After Losing Istanbul, Erdogan's Grip on Turkey Will Never Be the Same It was some years ago that Turkish president…