Central Bank likely to keep policy rate steady this week

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ANKARA Most economists expect Türkiye’s Central Bank to keep its policy rate steady at 50 percent when members of the Monetary Policy Committee meet later this week on Sept. 19. In August, the monetary authority held the one-week repo auction rate unchanged at 50 percent for a fifth straight month. The bank last raised rates in March by 500 basis points. Since June last year, the country’s Central Bank has raised its policy rate by a total of 4,150 basis points to rein in rampant inflation. The

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Central Bank likely to keep policy rate steady this week https://www.hurriyetdailynews.com/ - 15.09.2024 11:19

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Central Bank likely to keep policy rate steady this week https://www.hurriyetdailynews.com/ - 15.09.2024 11:19