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Turkey’s New Central Bank Governor Faces Public Debut Amidst Misgivings

Photo by Tarik Haiga on Unsplash

Turkey’s newly-installed central bank Governor Hafize Gaye Erkan will step into the spotlight for the first time on Thursday when she unveils fresh inflation forecasts, a fraught moment for an institution still struggling to regain credibility under her stewardship.

The setting for Erkan’s public debut is the presentation of a quarterly inflation report in Ankara, once a can’t-miss-event that’s been written off by economists and investors in recent years as her predecessor repeatedly took the stage to defend wildly optimistic projections.

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