Middle East and Africa

Central Bank of the Republic of Türkiye

Too few recent speeches for a current tone.

Speeches: 108
First speech: Apr 3, 1997
Latest speech: May 14, 2026
Tone vs coming rate moves: +0.22; rank correlation

Does the tone run ahead of the rate?

Speech tone over the previous three months, and the policy rate at the end of each month, on the same timeline. Hover over either chart to read the same month in both.

Speech tone

Policy rate

Latest speeches

Each speech's tone is the average over its sentences about policy, prices, rates or the economy. Open a speech to read it in full.

Date	Speech	Tone
May 14, 2026	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	+0.08
Feb 12, 2026	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	+0.09
Aug 14, 2025	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	+0.03
May 22, 2025	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	−0.03
Apr 30, 2025	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	−0.02
Feb 7, 2025	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	+0.06
Nov 8, 2024	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	+0.06
Aug 8, 2024	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	−0.01
May 9, 2024	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	+0.16
Apr 30, 2024	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	+0.11
Feb 8, 2024	Fatih Karahan: Recent economic and financial developments in Turkey Fatih Karahan	+0.08
Jul 27, 2023	Hafize Gaye Erkan: Recent economic and financial developments in Turkey Hafize Gaye Erkan	+0.20
Jul 29, 2022	Şahap Kavcıoğlu: Recent economic and financial developments in Turkey Şahap Kavcıoğlu	+0.36
Feb 9, 2017	Murat Çetinkaya: Macroeconomic outlook and monetary policy in Turkey Murat Çetinkaya	+0.02
Oct 27, 2016	Murat Çetinkaya: Recent economic and financial developments in Turkey Murat Çetinkaya	−0.10
Mar 3, 2016	Turalay Kenç: Emerging market policies in a volatile global environment - the case of Turkey Turalay Kenç	−0.09
Feb 26, 2016	Turalay Kenç: Stocktaking of international financial architecture Turalay Kenç	−0.08
Jan 28, 2016	Turalay Kenç: The Turkish economic outlook and monetary policy - challenges and policy response Turalay Kenç	+0.10
Jan 26, 2016	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	+0.10
Jul 30, 2015	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	−0.08
Apr 30, 2015	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	−0.03
Jan 27, 2015	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	−0.09
Oct 31, 2014	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	−0.16
Nov 26, 2013	Turalay Kenç: Fostering longstanding relations - opening of the Bundesbank Representative Office in Istanbul Turalay Kenç	–
Oct 31, 2013	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	+0.00
May 7, 2013	Erdem Başçi: Global finance in transition Erdem Başçi	+0.09
Mar 18, 2013	Erdem Başçi: Turkish-Austrian economic relations in a European and international context Erdem Başçi	−0.02
Jan 29, 2013	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	−0.01
Dec 5, 2012	Erdem Başçi: Central bank responsibilities, global financial stability and payment systems Erdem Başçi	+0.04
Sep 13, 2012	Erdem Başçi: Financial stability and Turkey's achievements to date Erdem Başçi	+0.03
Jun 4, 2012	Erdem Başçi: Financial and macroeconomic stability Erdem Başçi	+0.03
Apr 7, 2012	Erdem Başçi: Latest economic outlook and macroeconomic developments in Turkey Erdem Başçi	+0.07
Apr 6, 2012	Erdem Başçi: The importance of commodity price movements Erdem Başçi	+0.17
Jan 31, 2012	Erdem Başçi: Latest economic outlook and macroeconomic developments in Turkey Erdem Başçi	+0.09
Oct 26, 2011	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	+0.01
Sep 13, 2011	Erdem Başçi: Commodity price volatility Erdem Başçi	+0.19
Apr 28, 2011	Erdem Başçi: Recent economic and financial developments in Turkey Erdem Başçi	+0.04
Apr 12, 2011	Durmuş Yilmaz: Recent economic and financial developments in Turkey Durmuş Yilmaz	−0.07
Apr 6, 2011	Durmuş Yilmaz: Managing liquidity in the Islamic financial services industry Durmuş Yilmaz	+0.06
Mar 28, 2011	Durmus Yilmaz: Enhancing "ShamGen" banking - Turkey, Syria, Lebanon, Jordan Durmuş Yilmaz	−0.16
Mar 15, 2011	Durmus Yilmaz: Expectations in global economy Durmuş Yilmaz	−0.06
Mar 10, 2011	Durmus Yilmaz: Financial education and awareness - challenges, opportunities and strategies Durmuş Yilmaz	+0.06
Jan 25, 2011	Durmus Yilmaz: Recent economic and financial developments in Turkey Durmuş Yilmaz	−0.01
Dec 8, 2010	Durmus Yilmaz: Reform strategies and expectations in the new normal - a public perspective Durmuş Yilmaz	−0.15
Jul 27, 2010	Durmus Yilmaz: Press conference for the presentation of the Inflation Report Durmuş Yilmaz	−0.23
Jul 21, 2010	Durmus Yilmaz: Evaluation of global financial developments and structural reforms Durmuş Yilmaz	+0.04
Jun 18, 2010	Durmus Yilmaz: Overview of the Turkish economy in the light of new global realities Durmuş Yilmaz	+0.05
May 20, 2010	Durmus Yilmaz: Global crisis, restructuring and national transformation Durmuş Yilmaz	−0.09
Apr 29, 2010	Durmus Yilmaz: Press conference for the presentation of the Inflation Report Durmuş Yilmaz	+0.05
Apr 20, 2010	Durmus Yilmaz: Recent economic and financial developments in Turkey Durmuş Yilmaz	−0.21
Apr 15, 2010	Durmus Yilmaz: Global crises and economic governance Durmuş Yilmaz	−0.15
Jan 26, 2010	Durmus Yilmaz: Recent economic and financial developments in Turkey Durmuş Yilmaz	+0.04
Jan 18, 2010	Durmus Yilmaz: In search of an appropriate policy mix for emerging economies - monetary policy in Turkey in the aftermath of the global financial crisis Durmuş Yilmaz	−0.04
Dec 16, 2009	Durmus Yilmaz: Turkey's monetary and exchange rate policy for 2009 Durmuş Yilmaz	+0.01
Oct 27, 2009	Durmus Yilmaz: Recent economic and financial developments in Turkey Durmuş Yilmaz	−0.22
Oct 8, 2009	Durmus Yilmaz: The impacts of the current crisis on OIC member countries Durmuş Yilmaz	−0.46
Oct 5, 2009	Durmus Yilmaz: Green shoots - how vigorous and how sustainable? Durmuş Yilmaz	−0.33
Oct 5, 2009	Durmus Yilmaz: Islamic finance - during and after the global financial crisis Durmuş Yilmaz	−0.02
Oct 2, 2009	Durmus Yilmaz: Role and responsibilities of emerging economies in the global monetary system Durmuş Yilmaz	−0.01
Jul 29, 2009	Durmus Yilmaz: Press conference for the presentation of the Inflation Report Durmuş Yilmaz	−0.24

Next: Across all central banksHow tone lines up with rate moves at every bank tested, and whether it predicts them.