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FinancialNews
10-04-22
Predictions for Turkish Central Bank’s interest rate to remain stable
(MENAFN) Based on an Anadolu Agency survey released on Friday, the Turkish Central Bank is predicted to preserve its interest rate steady the upcoming week.
The upcoming Thursday, the bank is going to organize its fourth Monetary Policy Committee gathering the current year to declare its decision regarding interest rates.
All of the 18 economists interviewed by the mentioned Agency predict no adjustment in interest rates. The Turkish yearly consumer inflation reached 20-year high last month at 61.14 percent.
The Central Bank preserved the policy rate to be stable in its last three gatherings the current year after reducing it by 100 basis points from 15 percent to 14 percent in the final month of last year.
MENAFN10042022000045013568ID1103986466
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