What will the Central Bank's interest rate decision be? Bloomberg releases interest rate survey

According to the Bloomberg HT interest rate survey, markets anticipate that the Central Bank of the Republic of Turkey (TCMB) Monetary Policy Committee will keep the policy rate unchanged.

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What will the Central Bank's interest rate decision be? Bloomberg releases interest rate survey

The Central Bank of the Republic of Turkey (TCMB) Monetary Policy Committee (PPK) will announce the policy rate on Thursday, March 21.

As markets turn their attention to the critical meeting, Bloomberg HT has released the results of its interest rate survey.

The median expectation of the 24 institutions participating in the survey is for the policy rate to be held steady at 45 percent.

In the March interest rate forecasts, the highest expectation pointed to 50 percent, while the lowest estimate stood at 45 percent.

In this survey period, 17 institutions shared their interest rate forecasts for the end of 2024. Accordingly, the market's forecast for the policy rate at the end of 2024, as of March, was 45 percent.

News Source: 12punto