TCMB interest rate decision is expected!

All eyes are on the Central Bank of the Republic of Turkey for the second interest rate decision of the year. The Central Bank, which reduced interest rates in January, is eagerly awaiting its 2025 policies. TCMB Governor Fatih Karahan shared his estimates that inflation will be 24 percent by the end of 2025 and 12 percent for 2026. So, when will the TCMB interest rate decision be announced?

WHEN IS THE SECOND CENTRAL BANK MEETING OF THE YEAR?

The Central Bank will announce the second interest rate of the year on March 6, 2025 at 14:00.

END OF 2025 INFLATION ESTIMATED IS 24 PERCENT

Fatih Karahan, the Governor of the Central Bank of the Republic of Turkey (CBRT), spoke at the information meeting held for the first time at the Central Bank of the Republic of Turkey Campus in the Istanbul Financial Center for the purpose of introducing the 1st Inflation Report of the year.

Karahan stated that they based their medium-term forecasts on "maintaining the tight stance in monetary policy until a permanent decline in inflation outlook and price stability is achieved" and added that they also reflected in their forecasts that coordination in economic policies would continue to increase.

Karahan said, "Within this framework, we estimate that inflation will be 24 percent by the end of 2025. We maintained our inflation forecast of 12 percent for the end of 2026. We aim for inflation to stabilize at 5 percent in the medium term after falling to 8 percent in 2027. The lower and upper points of the forecast ranges correspond to 19 percent and 29 percent for 2025, and 6 percent and 18 percent for 2026."