The Central Bank of the Republic of Turkey cut the policy rate by 150 basis points.

Expected Interest Rate Cut from the Central Bank of the Republic of Turkey

The Central Bank of the Republic of Turkey (CBRT) has cut the policy interest rate to 38 percent. This cut has resonated widely in the market and is being closely monitored by investors.

Economists' Expectations Were Accurate

Economists participating in a Bloomberg HT survey expected a 150 basis point cut, and the decision was made accordingly. Market reactions seem to have softened the negative approach towards the interest rate cut.

Live Broadcast and Current Information

- For TCMB's interest rate decision and detailed comments, you can follow the Bloomberg HT broadcast on their website and through the live stream section on their Youtube page. To watch the continuously updated decision text, view the video below: