Economists participating in AA Finance’s expectation survey regarding the Central Bank of the Republic of Turkiye (CBRT) Monetary Policy Committee (MPC) meeting estimate that the one-week repo rate (policy rate) will be increased by 1,075 basis points to 19.25%.
The expectation survey of AA Finance for the MPC meeting to be held on Thursday, June 22, resulted in the participation of 18 economists.
The median of economists’ expectations for the change in the policy rate was 1,075 basis points.
According to the survey results, the policy rate expectations of economists, who predicted an increase of 350 to 2,150 basis points, were between 12% and 30%, and their year-end policy rate expectations were between 18% and 35%.
The median of economists’ year-end policy rate expectations was 25%.
At the MPC meeting held last month, the policy rate was left unchanged at 8.50%.
Source: AA / Prepared by Irem Yildiz