The Central Bank of the Republic of Turkey (TCBM) published the last Financial Stability Report of 2023. Central Bank Governor Hafize Gaye Erkan, in the foreword of the report stated:
"We started to observe the effects of the steps we took within the scope of monetary tightening and simplification in the macroprudential framework, in the form of an increase in the functionality of market mechanisms and a strengthening of the signaling quality of asset prices".
Noting that the fight against inflation will be continued with determination, Erkan stated that there will be no compromises on price stability and financial stability targets.
You can find the English version of the Report at the link
