Central Bank Interest Rate Decision is Expected: What is the November Interest Rate Decision? ZamAnnounced at the moment?
The Central Bank interest rate decision is a topic that investors and citizens are eagerly waiting for. The interest rate decision, which affects dollar, gold and stock market prices, will be an important agenda item in November. So, when will the November Central Bank interest rate decision be announced? What are economists' interest rate expectations? Here is what you need to know about the Central Bank interest rate decision:
What is the Central Bank Interest Rate Decision? Zamat?
The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) meeting calendar was published on the official website. Accordingly, the Central Bank interest rate decision for November will be announced on Thursday, November 23, 2023 at 14.00:XNUMX. The Central Bank will announce the interest rate decision on [CBRT's website].
What are Economists' Interest Expectations?
Before the Central Bank's interest rate decision, economists' interest rate expectations were also clear. 23 economists who participated in AA Finans' expectation survey for the CBRT's MPC meeting to be held on Thursday, November 12, predicted that the one-week repo auction interest rate (policy rate) would be increased by 250 basis points to 37,50 percent.
The median of economists' expectations regarding the change in the policy rate was for an increase of 250 basis points. According to the survey results, economists' policy rate expectations, which predicted an increase of 250 to 500 basis points, varied between 37,50 percent and 40,00 percent. The median of economists' year-end policy rate expectations was 40,00 percent.
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