Central Bank set to meet this week for interest rate decision

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ISTANBUL Members of the Turkish Central Bank ’s Monetary Policy Committee ( MPC ) are set to meet on Nov. 21 to decide about the key interest rate. Most economists expect the bank to keep its policy rate, the one-week repo auction rate, unchanged for the eighth straight month at 50 percent. The October inflation surprised on the upside, coming at 48.58 percent annually, and this week’s rate-setting meeting will take place against this backdrop. The consensus is that the bank is likely to start

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Central Bank set to meet this week for interest rate decision https://www.hurriyetdailynews.com/ - 17.11.2024 13:17

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Central Bank set to meet this week for interest rate decision https://www.hurriyetdailynews.com/ - 17.11.2024 13:17