Turkey's central bank set to announce its fourth rate decision on June 11
Türkiye's central bank monetary policy committee will meet on Thursday June 11 to set its fourth rate decision of the year, with markets focused on Ankara amid rising global geopolitical risks and a more hawkish stance from major central banks.
TRT Haber Ekonomi · TRT HaberAccording to TRT Haber Ekonomi, the Turkish central bank's monetary policy committee will announce its fourth rate decision of the year at its June 11 meeting. The meeting follows the release of May inflation data on Friday; market participants expect the one-week repo rate to be held at the current 50%, or adjusted in a measured way.
Goldman Sachs economist Filippo Grafe and JPMorgan analyst Yarkin Cebeci see global geopolitical tension and energy price pressure sustaining stickiness in core services inflation, leading the committee to keep its hawkish tone. Capital Economics' Türkiye specialist William Jackson noted that up to 200 basis points of net easing room may remain by year-end, though the sequencing may be pushed beyond October.
The Treasury and Finance Ministry shared its assessment of May inflation and June expectations ahead of the leading indicators. Central bank Governor Fatih Karahan stressed continued commitment to the disinflation target, while analysts noted that lira-rate differential demand will be tested through the July holiday season. This piece is not investment advice.
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