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Eyes on PPK Meeting for Central Bank Interest Rate Decision: When will the Central Bank announce its interest rate decision?

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All eyes are on the PPK (Monetary Policy Committee) meeting for the Central Bank interest rate decision. Citizens wanting to assess their assets are researching the date of the Central Bank’s October meeting. So, when will the Central Bank announce its interest rate decision this month? Domestically, attention has turned to the date when the CBRT’s monetary policy decision will be announced. The Monetary Policy Committee of the Central Bank of the Republic of Turkey (CBRT) will once again come together under the chairmanship of Central Bank President Fatih Karahan to determine the interest rate decision. According to the annual calendar, the Monetary Policy Committee (PPK) of the Central Bank of the Republic of Turkey (CBRT) will meet on October 17, 2024. The decisions taken on interest rates during the Monetary Policy Committee meetings are shared with the public, along with their justifications, on the same day of the meeting at 14.00. Expectations are that the Central Bank will not change interest rates this month as well. If this is the case, the interest rate will remain unchanged for the 7th consecutive month.

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