September inflation coming in below expectations strengthened expectations that Türkiye's central bank (TCMB) could cut rates at its Monetary Policy Committee meeting on 22 October. Economists highlight a 100-basis-point cut.
According to Turkish Statistical Institute (TÜİK) data, annual consumer inflation fell to 29.73% in September. AA Finance analyst Haluk Bürümcekçi said a 100-basis-point cut on 22 October was among the strongest options, with about 200 basis points of room for cuts by year-end.
