Fatih Karahan

Governor, Central Bank of the Republic of Turkey

Appears in 1 story

Office: Governor of the Central Bank of Turkey

Born: 1982, Eskişehir Province

Education: University of Pennsylvania, Boğaziçi University

Last updated Nov 2, 2026

Stories

Turkey's central bank cuts policy rate to 36%, first cut in nine months

Money Moves

Chairs the Monetary Policy Committee

Turkey's central bank cut its policy rate by 100 basis points to 36% on Oct. 22, the first reduction in nine months. The move ended five straight holds at 37% and followed September inflation of 29.7%, the first reading below 30% since late 2021.

Updated Oct 23