The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee will meet on Thursday, May 25, under the chairmanship of Central Bank Governor Şahap Kavcıoğlu.
The interest rate decision will be announced at 14:00 on the same day. In the previous meeting, the bank kept the policy rate constant at 8.5 percent.
Policy rate expectation for the end of the current month 8.50 percent
The Bank published the Market Participants Survey for May, which was conducted with 39 participants consisting of real and financial sector representatives and professionals.
Accordingly, the policy rate expectation for the end of the current month was 8.50 percent, and the policy rate expectation for the next 12 months was 11.11 percent.