The expectation survey conducted by AA Finans for the Central Bank of the Republic of Turkey's (TCMB) Monetary Policy Committee (MPC) meeting to be held on Thursday, July 23, has concluded. Sixteen economists participated in the survey.
All participating economists predict that the policy rate will be kept unchanged at its current level of 37%. The median of economists' expectations for the July MPC decision also points to the rate remaining steady at 37%.
The median year-end policy rate expectation of the economists surveyed was calculated at 35%. At the MPC meeting held in June, the policy rate was left unchanged and kept at 37%.