"Surprising Changes are Expected in the CBRT Interest Rate Decision!"

Expectations Regarding TCMB Interest Rate Decision

The Central Bank of the Republic of Turkey (CBRT) will hold the Monetary Policy Committee (MPC) meeting on October 23, 2025. The bank's interest rate decision will be announced to the public at 14:00. In the previous meeting, on September 11, 2025, the CBRT lowered the policy rate from 43% to 40.5%. This development was closely monitored by investors.

Economists' Predictions

According to the results of a survey conducted by AA Finance, a group of 22 economists predicts that the CBRT will reduce the interest rate by 100 basis points to 39.50% in tomorrow's meeting. The expectations for the policy rate set by economists range between 39% and 40.50%. The median value for year-end expectations is at 37.5%.

Foreign Institutions' Predictions

Foreign investment institutions provide a broader spectrum of expectations regarding the CBRT's interest rate decision. The forecasts of these institutions range from 100 to 250 basis points. Here are the notable predictions:

• Standard Chartered: 250 basis points
• Capital Economics: 250 basis points
• Bloomberg Economics: 150 basis points
• Dekabank Deutsche: 150 basis points
• Oxford Economics: 150 basis points
• Societe Generale: 150 basis points
• in Touch Capital: 100 basis points

All these predictions have led investors to focus intensely on the decision that the CBRT will make. However, the information presented here is intended for informational purposes only and does not constitute investment advice.