Erdem Ba
Inflation to decline in second half of 2015, says Turkish Central Bank head
The decline in inflation will become more pronounced during the second half of the year after a partial correction in food prices, Turkish Central Bank Governor Erdem Ba?ç? said on April 18, according to the Bank's website.
Turkey's current account gap wider than expected
Turkey?s current account gap stood wider than expected at $3.2 billion in February, the Turkish Central Bank said on April 10.
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Turkey's cautious monetary policy having favorable inflation impact, says Central Bank governor
The Turkish Central Bank?s cautious monetary policies along with prudent fiscal and macro-prudential policies are having a favorable impact on inflation, Central Bank Governor Erdem Ba?ç? said in a presentation on April 6.
Turkish markets, lira firmer on Fed meeting
Turkish markets recovered on March 19, with the Turkish Lira at its firmest in two weeks and stocks rallying as investors back into emerging markets after the U.S. Federal Reserve (Fed) sounded a cautious tone on the timing of rate hikes.
The lira rebounded to 2.5610 to the dollar earlier in the session, its firmest since the beginning of March.
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A brief history of Central Bank independence in Turkey
The recent tug of war between President Recep Tayyip Erdo?an and Central Bank Governor Erdem Ba?ç? over Turkey's monetary policy has inflamed debate on the independence of the Bank.
Turkish TAV's CFO named young leader of World Economic Forum
TAV Airports Finance Vice President (CFO) Burcu Geri? has been selected to the Forum of Young Global Leaders, the company said in a written statement on March 17.
An initiative of the World Economic Forum, the Forum of Young Global Leaders is a community made up of the world?s most outstanding next-generation leaders, who are committed to improving the state of the world.
Turkey's Central Bank leaves rates unchanged amid pressure
Turkey?s Central Bank left interest rates on hold on March 17 as the lira?s slide to record lows risked stoking inflation, resisting pressure from political circles to cut rates ahead of a June election.
Markets take RTE to school
Governor Erdem Ba?ç? and economy tsar Ali Babacan paid a visit to President Recep Tayyip Erdo?an and his top economic advisers on March 11 to discuss the supposedly-independent Central Bank?s monetary policy.
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Erdo?an says 'consensus' reached with Central Bank
President Recep Tayyip Erdo?an said late on March 12 that his talks this week with Central Bank Governor Erdem Ba?ç? had ended ?positively and with a consensus,? in comments that appeared designed to ease tensions over monetary policy.
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Turkish President Erdo?an meets Central Bank governor to keep up 'trust' in economy
Turkish President Recep Tayyip Erdo?an on March 11 met with the government's economic pointman and the central bank governor, agreeing on the need to maintain trust in the economy at talks aimed at calming markets after a plunge in the value of the lira.