The TCMB reduced the policy rate by 250 basis points to 42.5% in the meeting held in the past weeks. Expectations include 8 summaries of the PPK meetings, 4 inflation reports, and 2 financial stability reports from the TCMB this year. So, when will the TCMB interest rate decision be announced? The Central Bank of the Republic of Turkey (TCMB) Monetary Policy Committee (PPK) reduced the policy rate by 250 basis points to 42.50%. Many people closely following the economic agenda are now focused on the third interest rate decision the TCMB will make this year. Here is information about the Central Bank interest meeting… The Central Bank of the Republic of Turkey announced that the next meeting date is April 17th. The Committee will announce the interest rate decision at 14:00 on the same day. The Central Bank of the Republic of Turkey (TCMB) Monetary Policy Committee decided to reduce the policy rate from 45% to 42.5%. In a statement from the TCMB, it was noted that the Monetary Policy Committee decided to lower the policy rate, which is the 1-week repo auction interest rate, from 45% to 42.5%. It was stated that the main trend of inflation decreased in February after the increase in January, while basic goods inflation maintained a relatively low trend during this period and service inflation slowed down after the increase in January. Domestic demand, higher than forecasted in the fourth quarter, has been supportive of the decrease in inflation. Leading indicators imply that this supportive outlook continues in the first quarter of the year. The effects of the monetary policy stance on credit and deposit markets and domestic demand are closely monitored. Although inflation expectations and pricing behaviors show improvement, they continue to pose a risk factor for the disinflation process.