Bank of England

The Turkish Central Bank is expected to start the easing cycle this week after keeping the key policy rate steady for eight months.

Most economists surveyed by state-run Anadolu Agency forecast that the bank would slash its policy rate by 150 basis points from the current 50 percent.

Credit growth rates are expected to stabilize following the policy rate decision taken in March and the macroprudential measures, according to the Central Bank.

Total loan growth has accelerated since the bank's rate-setting meeting in February, the bank said in the summary of the March Monetary Policy Committee (MPC) meeting, released on March 28.

The Turkish Central Bank on April 27 held its interest rate at 8.5 percent in its Monetary Policy Committee's (MPC)  meeting.

Türkiye's Central Bank has delivered another rate cut - for the third month in a row - slashing its policy rate - the one-week repo auction rate - from 12 percent to 10.5 percent.

This was larger than the 100-basis points reduction most analysts had expected.

Members of the Central Bank's monetary policy committee (MPC) will meet this week to decide about key interest rates.

The gathering scheduled for Sept. 20 will be the ninth MPC meeting in 2022.

The Central Bank's Monetary Policy Committee (MPC) will meet on June 23 to review its key interest rate.

This will be the MPC's sixth rate-decision meeting this year.

Economists expect the monetary authority to keep the policy rate (one-week repo auction rate) unchanged at
14 percent.

The Turkish Central Bank on May 21 lowered its one-week repo rate by 50 base points, in line with market expectation.

A statement from the bank's fifth of 12 Monetary Policy Committee (MPC) meetings scheduled for this year said the policy rate was dropped to 8.25% from 8.75%.

Economists expect that Turkey's Central Bank will drop interest rates this week, an Anadolu Agency survey forecast on May 18.

The fifth meeting of the Monetary Policy Committee (MPC) this year will be held on May 21 to announce the bank's decision on interest rates.

The Central Bank of Turkey on April 22 reduced its one-week repo rate 100 basis points.

The bank's policy rate -- also known as the one-week repo rate -- fell to 8.75% from 9.75%.

The decision came in a statement from the bank's Monetary Policy Committee (MPC) meeting -- the fourth of twelve meetings scheduled for 2020.

The Turkish Central Bank is forecast to cut its interest rates for the 10th month in a row, according to a panel of economists surveyed by Anadolu Agency on April 20. 

The fourth Monetary Policy Committee (MPC) meeting of the year will be held on April 22 to announce the bank's decision on interest rates.