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When will the Central Bank announce the interest rate decision? (TCMB October MPC interest rate decision 2024)

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The countdown has begun for the Central Bank of the Republic of Turkey’s (TCMB) October interest rate decision meeting. The TCMB Monetary Policy Committee interest rate decision, which is closely followed by investors in terms of the dollar, gold, stock market, and deposit interest rates, has led economists to wonder about their expectations for the October interest rate decision. So, when will the Central Bank interest rate decision for October be announced? The October interest rate decision of the Central Bank is closely monitored by those interested in the Turkish economy and investment focus. The interest rate policy that the TCMB will implement in October is being anticipated. So, when will the Central Bank interest rate decision for October be announced? The date has been set for the TCMB Monetary Policy Committee’s October interest rate decision announcement. Accordingly, the Central Bank’s October interest rate decision will be announced at 2:00 PM on Thursday, October 17, 2024. The AA Finance survey on expectations for the Monetary Policy Committee (MPC) meeting to be held on October 17th determined by the participation of 16 economists. The economists’ median expectation regarding a change in the policy rate was to keep it at 50 percent. According to the survey results, all economists anticipate that the policy rate will be kept at 50 percent. The median year-end policy rate expectation of economists was calculated to be 47.50 percent. Additionally, 5 economists predicted that the policy rate would be 50 percent by year-end, while 7 predicted it would be 47.5 percent.

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