Turkey’s president is testing his ability to bend the economy to his will

Turkey’s president is testing his ability to bend the economy to his will

“Of course our central bank is independent,” Turkish president Recep Tayyip Erdogan said last year. Erdogan sent a strong signal this weekend, firing central bank governor Murat Cetinkaya via presidential decree on Saturday (July 6). Cetinkaya’s term as central bank chief had another year to run.