Turkey's Finance Minister Vows to Fight Inflation



ISTANBUL—Turkey’s new finance minister, the son-in-law of President Recep Tayyip Erdogan, sought on Thursday to quell investor concerns that his nomination and measures giving the president sole power to appoint the central bank governor heralded loose monetary policy, unbridled inflation and possible economic chaos.

Berat Albayrak, who was given the finance portfolio hours after Mr. Erdogan embarked on a new five-year term Monday, told Turkish media it would be improper to speculate on the central bank’s independence. The…



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