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When will the TCMB interest rate decision be announced? Central Bank interest rate meeting

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The Central Bank of the Republic of Turkey (CBRT) reduced the policy interest rate of the one-week repo auction by 250 basis points to 42.5% in a meeting held in the past weeks. This year, 8 MPC meetings summary, 4 inflation reports, and 2 financial stability reports are expected to be announced by TCMB. So, when will the TCMB interest rate decision be announced? The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) reduced the policy interest rate of the one-week repo auction by 250 basis points to 42.50%. Many people closely following the economic agenda are now focused on the third interest rate decision of TCMB this year. Here are the details about the Central Bank interest rate meeting…The Central Bank of the Republic of Turkey’s next meeting date has been announced as April 17.The committee will announce the interest rate decision at 14:00 on the same day. The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee decided to reduce the policy interest rate from 45% to 42.5%. According to the statement made by the CBRT, it was stated that the Monetary Policy Committee decided to reduce the policy interest rate of the one-week repo auction from 45% to 42.5%. It was noted that the core goods inflation remained relatively low, while the service inflation slowed down after the increase in January. Domestic demand, although higher than expected 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 impact of the monetary policy stance on credit and deposit markets and domestic demand is closely monitored. Although inflation expectations and pricing behaviors show an improvement trend, they continue to be a risk factor for the disinflation process.

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