17.04.2025 08:30
As the effects of tariff standoffs in global markets continue, attention at home has turned to the Central Bank's interest rate decision. Economists expect the Central Bank of the Republic of Turkey to keep the policy rate unchanged at 42.5% in April. The Central Bank had lowered the policy rate by 250 basis points in March.
The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC), chaired by Central Bank President Fatih Karahan, will meet today. The Central Bank's policy interest rate decision will be announced at 14:00.
ECONOMISTS HAVE UNITED ON THE SAME FORECAST
In the March MPC meeting, the Central Bank had reduced the policy interest rate by 250 basis points from 45% to 42.5%. Economists participating in the expectation surveys of Anadolu Agency Finance expect the Central Bank of the Republic of Turkey to keep the policy interest rate unchanged at 42.5% in April.
The median of economists' year-end policy interest rate expectations has also become 34.50%. Economists, who predict that the current account will show a deficit of 4 billion 325 million dollars in February, estimate that the current account deficit will reach 21 billion 970 million dollars in 2025.