CENTRAL BANK CUTS INTEREST RATE IN FIRST EASING SINCE JANUARY
The Central Bank cut its benchmark policy rate by 100 basis points to 36% on Oct. 22, its first monetary easing since January, in line with market expectations.
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OCTOBER HOPES FADE AS MGK STAYS SILENT ON PKK DISARMAMENT
Expectations that the Framework Law on the Terror-Free Turkey process would take effect in October have shifted to December.
CENTRAL BANK HOLDS MAIN INTEREST RATE AT 37% AS EXPECTED
Turkey's central bank held its benchmark interest rate steady on Sept. 10, matching market expectations as energy cost pressures continue to pose risks to the inflation outlook.
ECONOMY GROWS 2.3% IN Q2, SLOWEST EXPANSION SINCE PANDEMIC
The economy grew by 2.3% year-on-year in the second quarter of 2026, extending its continuous growth streak to 24 quarters but missing market expectations of 2.8%.
CENTRAL BANK HOLDS RATE AT 37% AS BUSINESS SECTOR DEMANDS CREDIT RELIEF
The central bank kept its benchmark policy rate unchanged at 37% during its Monetary Policy Committee meeting on July 23, matching market expectations. However, business leaders are increasingly complaining about high borrowing costs, tight credit restrictions, and falling industrial output.
PARLIAMENTARY CALCULATIONS EXPECTED TO CHANGE, BUT EARLY ELECTION DISCUSSIONS DO NOT DISAPPEAR
Despite expectations that early election scenarios would dissolve following the absolute nullity ruling that split the CHP into two, the debate has not ended.
SIDES PRESSURE EACH OTHER AS PROGRESS STALLS IN KURDISH PROCESS
There is no clear timeline for progress in the Kurdish process despite the post-Ramadan Bayram and April expectations on both sides.
RISING FORECASTS, OPPORTUNIST PRICING
Turkey's inflation and high cost of living show no sign of easing. A new Central Bank survey points to rising price expectations — coming just days after the bank officially revised its own forecasts upward.
CENTRAL BANK KEEPS INTEREST RATES UNCHANGED AMID INTENSIFYING POLITICAL PRESSURE
The central bank kept its benchmark policy rate unchanged at 37% on April 22, meeting the expectations of most analysts. The decision comes following intensified criticism of both the bank and Finance Minister Mehmet Şimşek, 59, from the business world and media outlets close to the government.
GOVERNMENT SKIPS PENSIONER BONUS HIKE, EXPLORES ALTERNATIVE MODELS
The government decided not to increase the holiday bonus paid to retirees, despite rising inflation and growing public expectations. Instead, officials began studying alternative support models aimed at low-income pensioners.
NEW TURKISH CYPRIOT PRESIDENT WARNS AGAINST RUSHED PEACE TALKS
Tufan Erhürman, the newly elected president of Northern Cyprus, voiced guarded expectations ahead of his first trilateral meeting on Dec. 11 with Greek Cypriot figure Nikos Christodoulides and UN envoy María Ángela Holguín. Speaking to Turkish journalists, Erhürman said that shifting regional dynamics and a long record of unsuccessful rounds make a rapid return to substantive talks unrealistic — particularly without agreed-upon parameters.
FORMER HDP MPS RELEASED
As expectations grow for the release of former HDP Co-chair Selahattin Demirtaş, former HDP MPs Semra Güzel and Hüda Kaya have been released, taking into account the length of their detention.