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When will the Central Bank announce the interest rate decision? What are economists’ interest rate expectations? (2025 CBRT April MPC interest rate decision)

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Investors in the dollar, gold, stock market, and deposit interest rates are waiting for the Central Bank to announce the interest rate decision, while economists’ interest rate expectations have become clear. Last month, the Central Bank’s Monetary Policy Committee reduced interest rates from 45 percent to 42.5 percent, and all eyes were on the market participants’ survey regarding what would happen in April. The day and time for the announcement of the April CBRT interest rate decision have been determined. So, when will the Central Bank announce the interest rate decision? Here are the market participants’ expectations for April…The question of when the Central Bank will announce the interest rate decision for April has started to be asked by investors eagerly awaiting the decision. Along with the April interest rate decision to be announced by the Central Bank’s Monetary Policy Committee, the direction of the economy will become clear. Last month, the bank decided to reduce the interest rate from 45 percent to 42.5 percent. So, when will the Central Bank announce the interest rate decision for April?The calendar has been set for the interest rate decision of the Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee for April. Accordingly, the CBRT interest rate decision for April will be announced on Thursday, April 17, 2025, at 14:00.The Market Participants Survey for April 2025 was answered by 71 participants consisting of representatives from the real and financial sectors. While participants’ current year-end consumer inflation (CPI) expectation was 28.04 percent in the previous survey period, it has now increased to 29.98 percent in this survey period. The 12-month ahead CPI expectation was 24.55 percent in the previous survey period, and it is now at 25.56 percent. The 24-month ahead CPI expectation was 17.06 percent and 17.69 percent in the same survey periods. The participants’ expectation for the overnight interest rate at the end of the current month in the BIST Repo and Reverse Repo Market was 42.33 percent in the previous survey period, but it has now risen to 46.00 percent in this survey period. The CBRT’s one-week repo auction interest rate expectation at the end of the current month remains at 42.50 percent, as in the previous survey period, for this survey period.The Monetary Policy Committee of the Central Bank decided in March to reduce the policy rate, the one-week repo auction interest rate, from 45 percent to 42.5 percent.

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