Group 1 - The Turkish central bank lowered the policy interest rate by 100 basis points from 40.5% to 39.5%, aligning with market expectations [2][5] - The central bank's overnight lending rate was reduced from 43.5% to 42.5%, and the overnight borrowing rate was decreased from 39% to 38% [2][5] - The central bank noted an increase in the underlying trend of inflation in September, despite signs of deflationary pressure in demand [5][6] Group 2 - Foreign investors increased their holdings of Turkish government bonds by $151.1 million, while there was an outflow of $178 million from Turkish stocks [5] - The consumer confidence index in Turkey fell from 83.9 to 83.6, marking the lowest level since July, primarily due to a slight deterioration in households' assessment of their current financial situation [5] - Turkey's annual inflation rate rose from 32.95% in August to 33.29% in September, marking the first increase in 16 months and raising risks of exceeding the central bank's year-end inflation target [5][6] Group 3 - The Turkish central bank has been addressing high inflation, having previously raised the policy rate by 350 basis points to 46% in April, followed by a series of rate cuts starting in July [6] - Other central banks, such as those in South Korea, Ukraine, Indonesia, and Hungary, opted to maintain their interest rates in October, reflecting a cautious approach in the current economic climate [7] - The probability of the Federal Reserve lowering rates by 25 basis points in October is estimated at 96.7%, indicating a potential shift in monetary policy direction [7]
刚刚宣布!降息100个基点
中国基金报·2025-10-23 13:09