All Eyes on the Central Bank's Interest Rate Decision

The Central Bank Monetary Policy Board will meet today, under the chairmanship of Central Bank Governor Fatih Karahan, for the April interest rate decision.

The interest rate decision is expected to be announced at 14.00:XNUMX.

As you may remember, at the meeting held last month, the policy rate was increased by 500 basis points to 50 percent.

While the median year-end policy rate expectations of economists regarding the change in the policy rate is 45 percent, according to the Market Participants Survey, the expectation for the current month and the next 3 months is 50 percent, and the policy rate expectation for the next 12 months is 36,96 percent, down from 38,18 percent. It was observed that it increased to .XNUMX.