Turkey’s central bank to announce interest rate decision today
The Central Bank of the Republic of Turkey (TCMB) is set to announce its interest rate decision today, 22 October 2026. The Monetary Policy Committee (PPK), chaired by Fatih Karahan, is holding its seventh meeting of the year and will make its decision public.
At its last meeting in September, the committee kept the one-week repo auction rate, which is the policy rate, unchanged at 37 percent.
Economists who took part in an AA Finans expectations survey predict that the bank will cut the policy rate by 100 basis points to 36 percent in October.
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