23.10.2025 08:30
The Central Bank of the Republic of Turkey will announce its seventh interest rate decision of the year today. It was noted that the bank, which reduced the policy interest rate from 43% to 40.5% in the previous meeting, will signal the direction of monetary policy with the new decision. Economists expect the interest rate to be lowered by 100 basis points to 39.5% in October.
The markets are focused on the Central Bank of the Republic of Turkey's (CBRT) seventh interest rate decision of the year. In the previous meeting, the bank reduced the policy interest rate from 43% to 40.5%, and with the new decision to be announced today, it will signal the direction of monetary policy.
The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) will meet today under the leadership of Central Bank Governor Fatih Karahan.
INTEREST RATE DECISION AT 14:00
Following the meeting, the interest rate decision will be announced on the same day at 14:00. In the MPC meeting held in September, the one-week repo auction interest rate, which is the policy interest rate, was reduced from 43% to 40.5%.
EXPECTATION OF ECONOMISTS: 100 BASIS POINTS CUT
The median expectation of economists for the October MPC decision is a reduction of the policy interest rate by 100 basis points to 39.5%. While expectations range between 39% and 40.5%, the median expectation of economists for the year-end policy interest rate stands at 37.5%.