September 17, 2024 11:31 GMT
TURKEY: MNI CBRT Preview – September 2024
TURKEY
- The CBRT is expected to keep its one-week repo rate unchanged at 50% and maintain a hawkish tilt to its communication. Among sell-side, analysts remain divided over the timing of the first rate cut.
- Some see an easing cycle commencing as soon as the October or November meetings, while others expect rates to remain on hold through the remainder of the year.
- Guidance in the policy statement will therefore be closely watched, in particular whether officials will stick with its tightening bias or shift to a more neutral stance.
- See the full preview, with a summary of sell-side analyst views, here.
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