Flash Prediction for the Central Bank: Interest Rate Cut Date Brought Forward! - Sözcü Newspaper
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Following the release of August inflation data by the Turkish Statistical Institute (TÜİK), international financial institution BBVA Research updated its interest rate expectations for the Central Bank of the Republic of Turkey (TCMB). The bank announced that the first interest rate cut will be moved to October.
After August inflation fell below expectations, a notable forecast on the interest rate policy of the CMB came. Here are the details...
Foreign institutions' expectations are becoming clearer ahead of the CBRT's critical interest rate decision on September 10. While no change in the policy rate is expected, BBVA Research has moved its forecast for the first 100 basis point cut from December to October.
BBVA Research has revised its expectations regarding the interest rate policy of the Central Bank of the Republic of Turkey (TCMB). Following the TCMB's faster-than-expected normalization of funding and the latest inflation data, the institution has brought forward its previously anticipated 100 basis point interest rate cut from December to October.
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