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The Central Bank will announce its interest rate decision tomorrow

The Central Bank’s Monetary Policy Committee will announce its interest rate decision tomorrow. At the previous meeting, the bank had lowered the policy rate to 8.5%.

The Central Bank of the Republic of Turkiye (CBRT) Monetary Policy Committee will meet tomorrow under the chairmanship of Central Bank Governor Sahap Kavcioglu.

The interest rate decision will be announced at 14:00 on the same day. In the previous meeting, the bank had reduced the policy rate by 50 basis points from 9% to 8.5%.

Market Participants Survey has been published

According to the Market Participants Survey of the Central Bank of the Republic of Turkiye, expectations for the current month-end and 3 months ahead of the policy rate were determined as 8.50%.

The policy rate expectation for the next 12 months was 12.83%.

Source: Trthaber / Prepared by Irem Yildiz

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