The markets are focused on the interest rate decision to be announced by the Central Bank.

The Central Bank of the Republic of Turkey will hold its last Monetary Policy Committee meeting of the year tomorrow and will make a statement regarding the policy interest rate. The CBRT has been keeping the interest rate at 50 percent for a long time.

EXPECTATIONS RANGE BETWEEN 47.50 AND 50 PERCENT

The expectation survey for the Monetary Policy Committee (MPC) meeting was concluded with the participation of 14 economists. Among the economists participating in the expectation survey, 4 predicted that the policy interest rate would be kept unchanged, while 10 anticipated a decrease. The average expectation of the economists was for the interest rate to be reduced by 150 basis points to 48.50 percent. According to the survey results, the economists' expectations for the policy interest rate ranged between 47.50 and 50.00 percent. The average expectation of economists for the policy interest rate at the end of 2025 was 29.50 percent.

MARKET PARTICIPANTS SURVEY PUBLISHED

According to the Market Participants Survey of the Central Bank of the Republic of Turkey, the current month-end expectation for the CBRT's policy interest rate is 48.51 percent, while the expectation for 3 months later has dropped to 43.50 percent. The expectation for the policy interest rate for 12 months later has increased from 30.84 percent to 30.88 percent.