Inflation & Prices

Turkish Central Banker Puts Her Faith in Once-Taboo Rate Hikes

  • Central bank lifts its inflation forecasts for next two years
  • Erkan sees disinflation starting from second half of next year

Customers at a local market in Bodrum, Turkey.

Photographer: Moe Zoyari/Bloomberg
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Hafize Gaye Erkan is resolute she has the cure for Turkish inflation even after the central bank she leads forecast a dire outlook for consumer prices.