The Central Bank of the Republic of Turkiye will announce the last interest rate decision of the year

The Central Bank Monetary Policy Committee will announce its interest rate decision on Thursday, December 21. The bank increased the policy rate to 40% in the previous meeting.

The Central Bank of the Republic of Turkiye (CBRT) Monetary Policy Committee will meet on Thursday, December 21, under the chairmanship of Central Bank Governor Hafize Gaye Erkan.

The interest rate decision will be announced at 14:00 on the same day. At the MPC meeting held last month, the policy rate was increased by 500 basis points to 40%.

MPC Expectations Survey concluded

The expectation survey for the CBRT’s Monetary Policy Committee (MPC) meeting was concluded with the participation of 14 economists.

The median of economists’ expectations regarding the change in the policy rate was for an increase of 250 basis points.

According to the survey results, economists’ policy rate expectations, which predicted an increase of 250 to 500 basis points, were between 42.50% and 45.00%.

Source: Trthaber / Prepared by Irem Yildiz

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