14.04.2025 08:51
This week, the interest rate decision to be announced by the Central Bank is the most important item on the agenda of the markets. The bank will reveal its third interest rate decision of the year on Thursday. In the previous meeting, the bank lowered the policy interest rate by 250 basis points to 42.5%.
While there have been significant fluctuations in global markets in recent weeks, the markets in Turkey have turned all their attention to the interest rate decision. The Monetary Policy Committee (MPC) of the Central Bank of the Republic of Turkey (CBRT) will meet on Thursday, April 17, under the chairmanship of Central Bank Governor Fatih Karahan.
On the same day at 14:00, the interest rate decision will be announced. In the MPC meeting held in March, the policy rate was reduced by 250 basis points from 45% to 42.5%.
HERE IS THE STRONGEST EXPECTATION
According to the CBRT Market Participants Survey, the expectation for the end of the current month is 42.5%, while the expectation for three months later has risen to 39.24%. The expectation for the policy rate for 12 months later has also increased from 27.60% to 29.37%.