Türkiye | The CBRT, acting dovishly, seeks to strike a balance
11 September 2025
The CBRT lowered the policy rate by 250bps to 40.5%, higher than the consensus of 200 bps, with also a similar size of cuts in the corridor (39%-43.5%). Considering the challenges ahead, we still maintain the view of reducing the size of the cuts going ahead after today’s decision.