BAKU, Azerbaijan, January 14. The Dutch banking
conglomerate ING anticipates that Türkiye's central bank will
maintain a path of monetary easing in the medium term, with the
benchmark interest rate expected to experience a consistent decline
through to the conclusion of 2027, Trend reports via ING.
Türkiye’s policy rate is forecasted to remain at 35% by the end
of the first quarter of 2026, followed by a gradual reduction to
32% in the second quarter. This easing trend is expected to
continue with further cuts, reaching 29% by the third quarter and
27% by year-end.
Looking further into 2027, ING projects that monetary easing
will persist, with the policy rate declining to 25% in the first
quarter, 23% in the second, 22% in the third, and ultimately
reaching 21% by the final quarter.
In a related development, projections from the Centre for
Economics and Business Research (CEBR) indicate that Türkiye is set
to achieve a nominal GDP of $1.57 trillion by 2025, maintaining its
stature as a key global economic player, despite a predicted shift
in its long-term global rankings.
