Turkey’s Central Bank Cuts Policy Rate to 45%
The Central Bank of the Republic of Turkey (TCMB) announced its first interest rate decision of 2025, lowering the policy rate by 250 basis points to 45%.
The Central Bank of the Republic of Turkey (TCMB) announced its first interest rate decision of 2025, lowering the policy rate by 250 basis points to 45%.
Market analysts widely anticipated the reduction to 45%.
In December, the Central Bank had similarly cut the policy rate by 250 basis points, reducing it to 47.5%, marking the first rate cut in 22 months.
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