January 22, 2025 08:21 GMT
TURKEY: MNI CBRT Preview – January 2025
TURKEY
- The CBRT is widely expected to continue rate cuts with a 250bp reduction to the one-week repo rate following the start of its easing cycle in December.
- Signals from central bank officials indicate that market expectations of continued rate cuts appear accurate, while further declines in key inflation indicators will provide policymakers with room to act.
- As per the Bloomberg survey, all 22 analysts are expecting a 250bp rate move, which would take the central bank’s main policy rate to 45%.
See the full preview, with a summary of sell-side analyst views, here.
90 words