Evaluation of the monetary policy of the Turkish Central Bank to reduce inflation

Abstract

This research paper aims to evaluate the effectiveness of the monetary policy of the Turkish Central Bank and the extent of its efficiency in achieving its most important goals, which is achieving low rates of inflation. The paper seeks to study the impact of the monetary policy of the Turkish Central Bank on exchange rates and monetary reserves and to analyze the impact of monetary policy in influencing inflation rates in Turkey. In the period between (2023) and (2024). The research shows that there is a direct relationship between the change in interest rates and inflation rates. The paper recommended the necessity of strengthening the investment climate, so that it becomes attractive to external investors and directing savings towards real investment away from speculation on government bonds