This week, interest rate decisions are expected from the Central Bank.

Central Bank of the Republic of Turkey's (CBRT) Critical Meeting

The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) will hold an important meeting on Thursday, October 23, chaired by Fatih Karahan. At this meeting, which will affect the course of the economy, the interest rate decision will be announced at 14:00.

September Interest Rate Cut and Economist Expectations

In the MPC meeting held in September, the one-week repo auction interest rate was reduced from 43% to 40.5%. In light of these assessments, expectations for October have begun to crystallize among economists. Various analyses suggest that the policy rate is expected to be cut by 100 basis points, bringing it down to 39.5%.

Common View of Economists

The policy rate expectations of economists vary between 39% and 40.5%. Expert analyses indicate that the median expectation for the end-of-year policy rate will be around 37.5%. This situation is regarded as a significant development that investors and market players should monitor closely.

Impact on the Markets

The announcement of interest rate decisions may have significant effects on the financial markets in Turkey. Investors expect that a total interest rate cut of 500 basis points could lead to fluctuations in the market. Moreover, the decisions made by the Central Bank will directly influence banks' lending policies.

Key Factors to Monitor in the Process

In addition to the decisions to be taken at the upcoming MPC meeting, factors such as the inflation situation, economic growth data, and foreign trade balance will also be closely monitored by investors. How the market will trend under these threats will be more clearly understood after this meeting.