Room for Turkish Central Bank to Cut Key Rate Limited - Germany's Commerzbank

NAMPA / Sputnik

2026-07-06

ANKARA, July 6 (RIA Novosti) - The room for a cut in the Turkish Central Bank's key rate remains limited in the near term, despite the slight slowdown in inflation in June, Germany's Commerzbank said on Monday. The next meeting of the Turkish Central Bank's Monetary Policy Committee is scheduled for July 23. Currently, the key rate stands at 37%, while banks are currently being funded at a rate of about 40%. "Despite a limited improvement in J......

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