Expectations and market analysis ahead of the Central Bank interest rate decision
Prof. Dr. Abdulkadir Develi stated that he finds it difficult for the CBRT to cut interest rates due to global economic conditions and inflationary pressures.
While the upcoming interest rate decision by the Central Bank of the Republic of Turkey is awaited with curiosity in the markets, experts emphasize that global developments and inflation data will be decisive.
Central Bank and Interest Rate Expectations
The interest rate decision to be announced by the Central Bank of the Republic of Turkey on Thursday is at the focus of the markets. Experts state that an interest rate cut is not easy in the current economic conjuncture.
Global Risks and Inflation
Global inflationary pressures, rising oil prices, and the policies of the FED continue to exert influence on the economy. September inflation data will play a critical role for future period decisions.
TRY Stability and Exchange Rate
Maintaining the stable course of the Turkish Lira is of great importance. It is stated that gradual increases in the exchange rate may create inflationary pressure through energy and raw materials.
Gold Market and Global Demands
Changes in ounce gold along with FED policies, geopolitical risks, and central banks' gold purchases for reserve purposes are closely monitored by the markets.