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Turkiye: All eyes are on the second interest rate decision that will be announced on Thursday

The Central Bank Monetary Policy Committee will announce its interest rate decision on Thursday, February 22. The bank increased the policy rate to 45% in the previous meeting.

The Central Bank of the Republic of Turkiye (CBRT) Monetary Policy Committee will meet on Thursday, February 22, under the chairmanship of Central Bank Governor Fatih Karahan.

The interest rate decision will be announced at 14:00 on the same day. At the MPC meeting held last month, the policy rate was increased by 250 basis points to 45%.

Policy rate year-end expectation is 36.25%

All economists participating in the MPC expectations survey predict that the policy rate will be kept constant at 45%.

The median of economists’ year-end policy rate expectations was 36.25%.

Source: Trthaber / Prepared by Irem Yildiz

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