US EditionTurkish Policymakers Defend Steps; Investors See Rate Hike Possible
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The Ministry of Treasury and Finance stated that Mehmet Şimşek did not comment on interest rate policy at domestic or international meetings. The Central Bank, meanwhile, stated that the allegations of 'sharing confidential information' do not reflect the truth.
The Ministry of Treasury and Finance stated that Minister Mehmet Şimşek did not comment on interest rate policy at domestic or international meetings. The Central Bank, in a separate statement, said that allegations of "sharing confidential information" in the public sphere were untrue.
The Ministry of Treasury and Finance announced that Minister Mehmet Şimşek, as a matter of principle, "never" comments on interest rate policy at any domestic or international meetings. Click here for more.
The Turkish Ministry of Treasury and Finance officially denied the allegations in a Reuters report published on April 3, 2026. The Ministry emphasized that the report, which described investor meetings in London attended by Mehmet Şimşek and Fatih Karahan as "impressions," did not bind them. Reuters had reported that investors had concluded from the meeting that "an interest rate increase is possible." According to the report, a 300 basis point …
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