“Can a central bank that has failed to meet its inflation target for years be taken seriously? Can a central bank that raises its year-end inflation forecast from 42.8% to 60.4% within the same year be taken seriously? Is there any need to read the texts written by this central bank following the money market board meetings?

How can the head of a central bank talk about “hard measures” against inflationary pressures since he made the monetary policy inoperable within 10 months? Moreover, if the same central bank brought inflation from 19.58% in September 2021 to 78.62% in June 2022, according to Turkish Statistical Institute data….” ARDA TUNCA

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Who is Arda Tunca?

He graduated from Kabataş High School for Boys in 1988. He graduated from Istanbul University, Faculty of Economics, Department of Economics and completed his master’s degree in Para-Banking at the same university in 1993. He worked in the academic field between 1992-1996, lived in Berkeley (USA) between 1994-1996 for academic studies. In 1996, he started to work in Geneva (Switzerland) at the European headquarters of DuPont de Nemours International SA with an AIESEC fellowship. Returning to Turkey in 1998, he started to work in the banking sector and over time worked as a manager in various financial and real sector institutions. He is an highly skilled expert in the fields of market research, supply chain management, market development, finance and financial consulting. In addition to his professional life, he took part as a commentator on various television channels and economy programs.