Bank of America Forecasts Single Turkish Central Bank Rate Cut in October

BofA sees single Central Bank rate cut in October

Bank of America (BofA) expects the Central Bank of Türkiye to deliver its first and only policy rate cut of 2026 in October, lowering the benchmark rate by 100 basis points to 36 percent after annual inflation falls to around 30 percent to 30.5 percent in September due to favorable base effects.