Central Bank Interest Rate Decision Expectations and Global Market Developments
The highly anticipated September interest rate decision by the Central Bank of the Republic of Turkey will be announced today, with economists generally forecasting that the interest rate will remain unchanged.
As the Central Bank of the Republic of Turkey Monetary Policy Committee gathers today to announce its September interest rate decision, the vast majority of economists expect the policy rate to be kept constant at 37 percent.
Meeting and Decision Day
The Monetary Policy Committee of the Central Bank of the Republic of Turkey is meeting today to announce its September interest rate decision.
Economist Expectation Survey
A total of 25 economists participated in the expectation survey conducted by AA Finans.
The majority of economists participating in the survey do not foresee any change in interest rates.
Interest Rate Forecasts
24 participating economists predicted that the policy rate would be kept constant at the 37 percent level.
Another economist participating in the survey predicted that the policy rate would be reduced by 100 basis points down to 36 percent.
Median Expectations
The median of expectations for the September Monetary Policy Committee decision was recorded at 37 percent.
The median of year-end policy rate expectations was calculated at 35 percent.