{
  "id": 5615788,
  "title": "Turkey: CBRT likely to hold before two Q4 rate cuts - ING",
  "url": "https://urgent.news/2026/09/04/turkey-cbrt-likely-to-hold-before-two-q4-rate-cuts-ing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T18:10:56.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/turkey-cbrt-likely-to-hold-before-two-q4-rate-cuts-ing-202609041810"
  },
  "original_language": "en",
  "account": "ING analyst Muhammet Mercan reports that Turkey's Central Bank has normalized liquidity through weekly repo auctions, reducing effective funding costs to the 37% policy rate. The bank is expected to maintain rates at the September meeting, then implement two 100 basis point cuts to 35% in the fourth quarter. Inflation risks, stemming from potential Gulf conflict escalation, could present upside inflation risks, with the policy rate estimated at 35% by 2026.",
  "summary": "ING’s Muhammet Mercan notes the Central Bank of the Republic of Türkiye (CBRT) has normalised liquidity via weekly repo auctions, bringing effective funding costs down to the 37% policy rate.",
  "key_points": [
    "Central Bank normalizes liquidity via weekly repo auctions",
    "CBRT likely to hold rates at 35% in Q4",
    "Inflation risks from Gulf conflict could raise rates to 35% by 2026"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}