Following the announcement of the FED's interest rate decision, the countdown began for the CBRT's interest rate decision in May 2022. The 2022 Central Bank decisions were to keep the interest rate constant until now. The countdown continues for the month of May from the monthly meetings.
The MPC meeting will be held on Thursday, May 4, 500 for the Central Bank's interest rate decision, which was reduced by 26 basis points in total in the last 2022 meetings last year. It is a matter of curiosity what kind of decision the CBRT will take after this month's meeting, which has not made any changes in interest rates in the past months.
WHAT IS THE INTEREST DECISION IN MAY 2022?
There are various forecasts for the Central Bank of the Republic of Turkey interest rate decision, which did not change the weekly benchmark repo rate in line with the expectations of the markets in the March and April meeting. The interest rate, which is kept constant at 14 percent, is not expected to change this month. However, the Central Bank's interest rate decision may also be a surprise for May 2022. Adjustments can be made in the interest rate decision after the inflation rate.