Turkey: Survey forecasts no change in interest rates

Turkey: Survey forecasts no change in interest rates

Majority of economists polled by Anadolu Agency predict no change in one-week repo rate

By Belgin Yakisan Mutlu

ISTANBUL (AA) - The Turkish Central Bank is expected to keep interest rates constant this week, according to a panel of economists surveyed by Anadolu Agency on Tuesday.

On Thursday, the bank will hold its fourth Monetary Policy Committee (MPC) meeting this year to announce its decision about interest rates.

Among 20 economists surveyed by Anadolu Agency, 19 economists expected no-change in one-week repo rate, while one predicted an increase of 100 basis points.

According to its schedule, the bank will hold 12 MPC meetings this year.

In its last meeting, the bank increased the one-week repo rate by two percentage points, from 17% to 19%, above market expectations.


*Writing and contributions by Gokhan Ergocun

Kaynak:Source of News

This news has been read 156 times in total

ADD A COMMENT to TO THE NEWS
UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
Previous and Next News