Under the leadership of Central Bank Governor Hafize Gaye Erkan, the Monetary Policy Committee will gather to deliberate on the impending interest rate.

With great anticipation from market participants and analysts, the outcome of the committee meeting is set to be disclosed on Thursday, June 22, at 14:00 local time.

In the previous meeting, the Central Bank opted to maintain the policy rate at 8.5 percent. Now, economists are keenly speculating whether an increase in the policy rate may be on the horizon as the bank continues to assess the ever-evolving economic landscape.

The forthcoming interest rate decision carries significant implications for the Turkish economy, making it a matter of intense scrutiny for financial markets and businesses alike. The announcement will undoubtedly be closely monitored as stakeholders seek insights into the Central Bank's stance on monetary policy and its impact on economic stability.

The outcome of the interest rate decision will shed light on the Central Bank's strategy to navigate the current economic conditions, and its potential implications will reverberate throughout various sectors, shaping market sentiment and investment decisions. (ILKHA)