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Türkiye's Inflation Set to Fall Amid Rate Cuts

2/5/2025

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Story summary
  • Fitch Ratings forecasts Türkiye's inflation to drop to 23% by 2025 and 18% by 2026 with strict monetary policy.
  • The Central Bank of Türkiye may reduce interest rates to 28% by 2025 and 21% by 2026 amid inflation challenges.
  • Deutsche Bank and Citigroup analysts predict possible rate cuts in March and April, contingent on inflation trends.
  • Türkiye's credit rating improved to BB- in September 2024, indicating better economic conditions and fiscal discipline.