04.03.2025 09:50
After the inflation data for February was announced by TÜİK, attention turned to the interest rates that the Central Bank will announce. The strongest expectation among economists regarding the new interest rate decision to be announced on Thursday is 4.25.
High inflation and interest rates, which have been persistently high in Turkey compared to other countries, are one of the most important agenda items for economic circles. Following the Central Bank's series of rate cuts, the extent and duration of these cuts are also significant from an economic indicators perspective. Therefore, all eyes are on the Central Bank's Monetary Policy Committee, which will announce the second interest rate decision of the year on Thursday.
The Monetary Policy Committee (MPC) of the Central Bank of the Republic of Turkey (CBRT) will meet on Thursday, March 6, under the chairmanship of Central Bank President Fatih Karahan. The new interest rate decision will be announced at 14:00. In the MPC meeting held in January, the policy rate was reduced by 250 basis points from 47.50% to 45%.
THE STRONGEST EXPECTATION FOR INTEREST IS 4.25
The expectation survey for the Monetary Policy Committee meeting was completed with the participation of 20 economists. All economists participating in the expectation survey predict that the policy interest rate will be reduced by 250 basis points to 42.5%. The median of economists' year-end policy interest rate expectations is 30%.