Markets turn their eyes and ears to the MPC meeting: Central Bank to announce interest rate decision today! What are the expectations?

The Central Bank's Monetary Policy Committee (MPC) will announce the policy rate, which markets are eagerly awaiting, today at 14:00. In the March MPC meeting, the interest rate was cut by 250 basis points to 42.5 percent.

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Markets turn their eyes and ears to the MPC meeting: Central Bank to announce interest rate decision today! What are the expectations?

The Central Bank of the Republic of Türkiye (TCMB) Monetary Policy Committee (MPC) is meeting today.

The interest rate decision, which markets are eagerly awaiting, will be announced at 14:00 at the meeting chaired by TCMB Governor Fatih Karahan.

In the March MPC meeting, the Central Bank cut the policy rate by 250 basis points, lowering it from 45 percent to 42.5 percent.

WHAT ARE THE EXPECTATIONS?

Economists participating in the Anadolu Agency Finance expectation surveys expect the Central Bank of the Republic of Türkiye to keep the policy rate unchanged at 42.5 percent in April.

The median of economists' year-end policy rate expectations was 34.50 percent.

Economists, who estimate that the current account deficit was 4 billion 325 million dollars in February, projected that the current account deficit would reach 21 billion 970 million dollars in 2025.

News Source: 12punto