Great expectations before the Central Bank's interest rate decision: Will there be a change in loan interest rates?

 
The Central Bank, last January, reduced the policy interest rate of 250 basis points from 47.5 percent to 45 percent reduced. Today, the eyes of the markets, the Monetary Policy Committee will be released in the interest decision.
Limited relaxation in loan interest rates before the interest rate decision
February inflation data to 39.05 on an annual basis and 2.27 on a monthly basis is one of the expected developments that will be effective on interest rates. Especially in recent weeks, there was a significant relaxation in vehicles, housing and consumer loans.
Will the fall of inflation affect the interest rate decision?
3. Eye Consulting Founder Hikmet Baydar, "The last inflation is quite low, came below expectations," he said, the expectation of an interest rate reduction of 250 basis in the markets is at the forefront.
Expected interest rate reduction in the market
Inflation expectation in the markets varies between 2.40 and 3.40. For this reason, it is stated that the Central Bank is an opportunity for interest rate reduction. Baydar, "a discount of 250 basis for the time being seems to be a great probability," he said.
Expectation of a decrease in loan interest rates
Baydar, the decline in loan interest rates in parallel with the Central Bank's interest rate decision will not take place quickly, he said. Instead, foreign exchange loans can be used more easily with the deposit accumulation of banks and the increase in foreign exchange deposits. The decrease in loan interest rates can only be realized when banks reduce deposit costs.
Will there be a decrease in deposit interests?
It seems likely that banks will withdraw deposit interest rates with the expectation of interest rate reduction in the coming period. Baydar, "Banks will probably attract deposit interest rates below 48 percent," he said.
The effect of interest rate cut on the dollar and the stock market
The effect of interest rate cuts on dollars, especially with the 'Carry Trade' strategy, can be achieved. Baydar, "I do not expect the dollar to rise aggressively. However, the stock exchange, with the fall of interest rates may increase and this situation may cause rise in the stock market," he said. On the stock market, especially due to the indecision of foreign investors, it is currently a signal signals.
 
 
 
 
Source: Cumha - Cumhur News Agency