The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) reduced the policy rate, the one-week repo auction interest rate, by 250 basis points to 42.50%. Many people closely following the economic agenda are now focused on the third interest rate decision of the year by the CBRT. So, when will the Central Bank announce the interest rate decision? The CBRT recently lowered the policy rate, the one-week repo auction interest rate, by 250 basis points to 42.5% in a meeting held a few days ago. The CBRT is expected to release 8 PPK meeting summaries, 4 inflation reports, and 2 financial stability reports this year. Here is the date for the 3rd interest rate decision in 2025… WHEN IS THE CENTRAL BANK INTEREST RATE DECISION MEETING? The upcoming meeting date of the Central Bank of the Republic of Turkey was announced as April 17. The Committee will announce the interest rate decision on the same day at 2:00 PM. CBRT’S LATEST INTEREST RATE DECISION The Monetary Policy Committee of the Central Bank of the Republic of Turkey (CBRT) decided to lower the policy rate from 45% to 42.5%. In a statement from the CBRT, it was mentioned that the Monetary Policy Committee decided to reduce the policy rate, the one-week repo auction interest rate, from 45% to 42.5%. It was noted that after the increase in inflation trends in January, the core goods inflation continued to show a relatively low trend in February, while service inflation slowed down after the increase specific to January. Domestic demand, though exceeding expectations in the fourth quarter, has supported the decrease in inflation at supportive levels. Leading indicators imply that this supportive outlook continues in the first quarter of the year. The effects of the monetary policy stance on credit and deposit markets and domestic demand are closely monitored. Although inflation expectations and pricing behaviors show signs of improvement, they continue to pose a risk factor for the disinflation process.
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