Economists predict no change in Türkiye's 50% policy rate
The Central Bank of the Republic of Türkiye (CBRT) is set to announce its latest interest rate decision on Thursday, June 27, following a meeting of the Monetary Policy Committee chaired by Central Bank Governor Fatih Karahan.
At its last meeting, the CBRT kept the key interest rate on hold at 50 percent. Economists widely expect the central bank to maintain this rate in the upcoming announcement, reflecting the median year-end expectation for the policy rate at 50 percent.
The decision comes amid ongoing economic assessments and strategies aimed at stabilizing the Turkish economy. The central bank's stance will be closely watched by investors and analysts, as it will have a significant impact on the country's financial and economic landscape. (ILKHA)