TCMB Interest Rate Decision: What Do Investors Expect?

The Central Bank of Turkey Prepares to Announce the Interest Rate Decision

The Monetary Policy Committee of the Central Bank of the Republic of Turkey (CBRT) is set to announce its new interest rate decision at the meeting scheduled for December 11, 2025. The decision is expected to be announced to the public at 2:00 PM. In the previous meeting on October 23, 2025, the CBRT reduced the policy rate from 40.5% to 39.5%.

Expectations for Interest Rate Cuts

Investors are focused on the new decision to be taken by the CBRT. Among the 38 economists participating in the AA Finance survey, 14 expect a 100 basis points cut in the policy rate, 17 anticipate a 150 basis points cut, and 7 predict a 200 basis points reduction. These expectations are critically important for the trajectory of the Turkish economy.

Foreign Institutions' Predictions

Foreign financial institutions are also expecting a change in the CBRT's interest rate policy. Standard Chartered forecasts a 100 basis points cut, while other institutions such as Bloomberg Economics, Capital Economics, and Dekabank Deutsche predict a reduction of 150 basis points. These differing predictions play a significant role in investors' decision-making processes.

In Conclusion

The decision the CBRT makes is of critical importance for investors' perspectives on the economic outlook and interest rates. Additionally, how the interest rate cut will affect the markets is being closely monitored by investors. In the coming days, market trading strategies will be shaped in accordance with this decision.