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In Epically Brazen Move, Erdogan Ousts Central Bank Governor, Reminds Everyone Who Is In Charge
Turkish President (and man who has never met a rate hike he liked) Recep Tayyip Erdogan has had it with central bank governor Murat Cetinkaya who, apparently, declined an "informal" request to resign.
Of course, one doesn't simply "refuse" a request from Erdogan (formal, informal or otherwise), which is why, on Saturday, Cetinkaya was removed and replaced with his deputy Murat Uysal.
You might recall that on June 12, CBT kept rates on hold ahead of the Istanbul re-run election.
Five days late
Erdogan and Trump, kindred spirits….
It’s like Trump said to Erdogan last year: “You do things right”
Can Powell be far behind?
I certainly may have incorrect information but I though Erdogan fired the guy a month ago and replaced him with his son
No. Last July (as in, a year ago), Erdogan appointed his son-in-law as finance minister after the landmark election where he consolidated power in the executive presidency.
see the link in the post