CBRT Interest Rate Decision Expectations: Experts' October and December Views

Ahead of the Central Bank of the Republic of Turkey's (CBRT) interest rate decision, expectations from economists and market experts are shaped around a 100 basis point cut, while differing evaluations are made for the December decision depending on energy prices and the inflation outlook.

Economists and market experts expect a 100 basis point interest rate cut from the CBRT in October. Gizem Öztok Altınsaç, Dr. Veyis Fertekligil, Dr. Tuğberk Çitilci, and Dr. Tolga Uysal highlight the probability of a 100 basis point cut for the October meeting. While Dr. Tolga Uysal states that the policy rate could drop from 37 percent to 36 percent, experts focus on different scenarios regarding the December decisions due to the inflation trend and energy prices.