International investment bank Deutsche Bank , published an important analysis report on Turkey. According to CNBC-e, Deutsche Bank analysts predict that the Central Bank of the Republic of Turkey (CBRT) will keep the policy rate constant at 50 percent in the last two months of this year.
Interest Rate Cut Expectation
Deutsche Bank’s report states that the CBRT is expected to make two consecutive interest rate cuts in November and December. The bank also reports that a policy rate of 25 percent is expected by the end of 2025.
The report also emphasizes that monthly inflation in Turkey tends to increase in July and August due to price increases, automatic tax increases on products such as fuel, alcohol and tobacco, and wage increases for public employees and retirees.
