The crisis currently affecting Turkey, sparked by the detention of Istanbul Mayor Ekrem İmamoğlu, comes at a notably fragile time—right when Finance Minister Mehmet Şimşek and the Central Bank had successfully brought inflation under control and were tentatively lowering interest rates. Nevertheless, the court's recent ruling to prolong İmamoğlu's detention while awaiting trial has rekindled significant unrest, endangering economic stability and eroding investor confidence.