In the first days of April, all eyes are on the Central Bank’s interest rate decision. The interest rate decision for April will be announced after the Monetary Policy Committee (MPC) meeting in the coming weeks. So, when will the Central Bank announce its interest rate decision? The countdown has begun for the Central Bank’s interest rate decision for the month of April. Markets are eagerly awaiting to see what step the bank will take in line with inflation and economic data. According to the 2025 meeting calendar of the Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee, the April meeting will be held on April 17, 2025. The decisions taken at the meeting and a brief rationale will be published on the CBRT’s official website at 14.00 on the same day. Expectations of economists and market analysts vary regarding the interest rate decision to be taken at the Monetary Policy Committee (MPC) meeting on April 17, 2025. In March, the policy rate was cut by 250 basis points to 42.5% from 45%. On the other hand, international financial institutions have updated their forecasts for Turkey’s inflation and interest rates. For example, Bank of America has raised its year-end inflation forecast to 28.1% and its policy rate expectation to 32.5% following the political turmoil in Turkey.
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