Central Bank to announce interest rate decision today: What are the expectations?
The Central Bank of the Republic of Turkey will announce its new interest rate decision, which markets are eagerly awaiting, today at 14:00.
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The eagerly awaited interest rate decision of the Central Bank of the Republic of Turkey (TCMB) will be announced today. The decision, which will be announced at 14:00, will directly affect interest rates in many areas, from deposits to credit cards.
Markets are of the opinion that the Central Bank will continue to cut interest rates in order to support a revival in the real economy.
In the previous meeting, the TCMB had reduced the policy rate from 46 percent to 43 percent. Predictions for today's decision are also shaping up in the direction of a decrease.