The Central Bank of the Republic of Turkey (TCMB) reduced the policy interest rate, which is the one-week repo auction rate, by 250 basis points to 42.5% in the meeting held in the past weeks. TCMB is expected to announce 8 MPC meeting summaries, 4 inflation reports, and 2 financial stability reports this year. So, when will TCMB announce the interest rate decision? The Central Bank of the Republic of Turkey (TCMB) Monetary Policy Committee (MPC) decreased the policy interest rate, the one-week repo auction rate, by 250 basis points to 42.50%. Many individuals closely following the economic agenda are now focusing on the third interest rate decision of this year by TCMB. Here is information about the Central Bank interest rate meeting… The date of the upcoming meeting of the Central Bank of the Republic of Turkey was announced as April 17. The Committee will announce the interest rate decision on the same day at 14:00. The Monetary Policy Committee of the Central Bank of the Republic of Turkey decided to reduce the policy rate from 45% to 42.5%. In the statement issued by the TCMB, it was mentioned that the Monetary Policy Committee decided to reduce the policy interest rate, the one-week repo auction rate, from 45% to 42.5%. It was noted that after the increase in inflation in January, the main trend of inflation decreased in February. “During this period, while core goods inflation remained relatively low, service inflation slowed down after the increase in January. Domestic demand, although above the forecast in the fourth quarter, has supported the decline in inflation at supportive levels. Leading indicators imply that this supportive outlook continues in the first quarter of the year. The effects of the policy stance on credit and deposit markets and domestic demand are closely monitored. Although inflation expectations and pricing behaviors show an improvement trend, they continue to be a risk factor for the disinflation process.”