Central Bank of the Republic of Türkiye (CBRT), announced the interest rate decision that the markets were eagerly awaiting.

Central Bank of the Republic of Türkiye (CBRT), Announced July interest rate decision. Monetary Policy Committee (PPK) According to the statement made after the meeting, policy rate percent 46 reduced from the previous level to 43 percent.

Market expectation regarding interest rate decision 250 It was basis points. Giant US bank Goldman Sacsh, the Central Bank's interest rates 350 He predicted that he would cut basis points.

The statement from the Central Bank is as follows::

“Monetary Policy Committee (Board), decided to reduce the one-week repo auction interest rate, which is the policy rate, from 46 percent to 43 percent.. The board also, The Central Bank increased the overnight lending interest rate from 49 percent to 46 percent., It reduced the overnight borrowing interest rate from 44.5 percent to 41.5 percent..

The main trend of inflation remained horizontal in June. Preliminary data indicate that monthly inflation will increase temporarily in July due to month-specific factors.. Recent data, shows that the disinflationary effect of demand conditions is increasing. The possible effects of geopolitical developments and increasing protectionism in global trade on the disinflation process are being closely monitored.. Inflation expectations and pricing behaviors continue to be a risk factor for the disinflation process..

Tight monetary policy stance to be maintained until price stability is achieved, balancing in demand, It will support the disinflation process through real appreciation of the Turkish lira and improvement in inflation expectations.. Coordination of fiscal policy will contribute to this process.. The Board will determine the steps to be taken regarding the policy rate based on inflation realizations., It will determine the stringency required by the anticipated disinflation, taking into account its main trend and expectations.. size of steps, focused on inflation outlook, will be reviewed with a meeting-based and cautious approach. If a significant and permanent deterioration in inflation is predicted, all monetary policy tools will be used effectively..

In case of unforeseen developments in the credit and deposit markets, the monetary transmission mechanism will be supported by additional macroprudential steps.. Liquidity conditions will continue to be closely monitored and liquidity management tools will continue to be used effectively..

Board, policy decisions to reduce inflation by percent in the medium term. 5 will determine the monetary and financial conditions that will enable it to achieve its goals.. Board, their decisions are predictable, in a data-driven and transparent framework.

Summary of the Monetary Policy Committee Meeting will be published within five business days.”

Previous interest rate decisions of the Central Bank

Fireplace 2024: Policy rate percent 45 was kept constant at the level.
February 2024: Policy rate remained constant at 45 percent.
Mart 2024: policy rate 500 increased by basis points to 50 percent.
Nisan 2024: Interest rate percent 50 was kept constant at the level.
May 2024: Policy rate remained constant at 50 percent.
June 2024: Interest rate percent 50 was kept constant at the level.
July 2024: Policy rate remained constant at 50 percent.
August 2024: Interest rate percent 50 was kept constant at the level.
September 2024: Policy rate remained constant at 50 percent.
October 2024: Interest rate percent 50 was kept constant at the level.
November 2024: Policy rate remained constant at 50 percent.
December 2024: policy rate 250 reduced by basis points to 47.5 percent.
Fireplace 2025: policy rate 250 reduced by basis points to 45 percent.
Mart 2025: policy rate 250 reduced to 42.5 percent with a basis point reduction.
Nisan 2025: policy rate 350 increased by basis points to 46 percent.
June 2025: Policy rate was kept constant at 46 percent.

The next interest rate decision is in September

According to the calendar announced by the CBRT, There will be no interest rate meeting in August. Next interest rate decision 11 September 2025 will be announced on.

TCMB'nin açıkladığı takvime göre, ağustos ayında faiz toplantısı yapılmayacak. Bir sonraki faiz kararı 11 Eylül 2025 tarihinde açıklanacak.

Central Bank of the Republic of Türkiye (CBRT), announced the interest rate decision that the markets were eagerly awaiting.