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Turkey's Central Bank Cuts Policy Rate by 150bps to 38.0% on Lower Inflation

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Last updated: 12/11/2025 07:29:16

07:29 AM EST, 12/11/2025 (MT Newswires) -- Turkey's central bank (CBT) Thursday said its Monetary Policy Committee has decided to reduce the policy rate -- the one-week repo auction rate -- by 150bps to 38.0%.

The MPC also lowered the Central Bank overnight lending rate from 42.5% to 41.0% and the overnight borrowing rate from 38.0% to 36.5%, noted CBT.

In November, consumer inflation was lower than expected due to a downward surprise in food prices, wrote the central bank in its policy statement. Following an increase in September, the underlying trend of inflation declined slightly in October and November.

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