Central Bank Interest Rate Decision Announced Today!
Citizens who follow the developments in the economy closely are eagerly awaiting the Central Bank's interest rate decision today. Foreign economists predict that the Central Bank of the Republic of Turkey (CBRT) will increase the policy rate. So, what is the Central Bank interest rate decision? zamAt what time will it be announced? Here are the details…
At What Time Will the Central Bank Interest Rate Decision Be Announced? The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) is meeting today under the chairmanship of Hafize Gaye Erkan. Following the meeting, the interest rate decision will be announced to the public at 14.00:XNUMX.
Interest Rate Forecasts of Economists Economists who participated in the survey conducted by AA Finance before the CBRT MPC meeting expect the one-week repo auction interest rate, which is the policy rate, to be increased by 500 basis points to 35 percent.
The average of economists' policy rate forecasts for the end of the year is 40 percent.
Previous Interest Rate Decision of the Central Bank At the MPC meeting held last month, the Central Bank increased the policy rate by 500 basis points to 30 percent. With this decision, the CBRT increased interest rates by a total of 1.500 basis points in the last three months.