Core Viewpoint - Turkey's central bank has resumed its interest rate cut cycle by lowering the benchmark rate by 300 basis points from 46% to 43%, indicating a cautious approach to future rate adjustments amid stabilizing inflation trends [1][7]. Group 1: Monetary Policy Changes - The central bank's decision to cut rates aligns with market expectations, slightly exceeding the median forecast [1]. - Turkey's annual inflation rate decreased to 35.05% in June, supported by falling prices in key categories such as food and beverages [1]. - The central bank plans to make future rate cuts in a prudent manner, assessing economic conditions in subsequent meetings [1]. Group 2: Market Reactions - Following the announcement of the interest rate cut, the Istanbul Stock Exchange saw a rise, with the Istanbul 100 Index increasing by over 1% [2]. - The Istanbul 100 Index reached 10,724.63, reflecting a daily increase of 132.65 points or 1.25% [3]. Group 3: Currency Movements - The Turkish lira has depreciated against the US dollar, indicating potential market volatility following the central bank's policy changes [6].
降息300个基点!这国央行,重启降息周期!
证券时报·2025-07-24 13:31