Central Bank to announce its fifth interest rate decision of the year today! What are the expectations of economists?

The Central Bank of the Republic of Turkey (TCMB) Monetary Policy Committee (PPK) will meet today.

The committee, which will meet under the chairmanship of Fatih Karahan, will announce the fifth interest rate decision of the year at 14:00.

It is eagerly awaited what step the Central Bank, which kept the policy rate constant at 46 percent in the previous meeting, will take this month.

Economists expect an interest rate cut from the meeting, to which the markets have turned their eyes and ears. The weighted forecast is that a 250 basis point cut may come.

In addition to the decision, the statements in the text to be released will also be followed closely.

In particular, the assessments regarding inflation and the signals to be given about the course of monetary policy are important in terms of the roadmap for the coming period.