Isbank's GM Aran: I Still See a 2.5-Point Rate Cut on the Table in December

Forex - İş Bankası (IS:ISCTR) General Manager Hakan Aran stated that he still sees the possibility of a 2.5-point interest rate cut by the Central Bank of the Republic of Turkey (TCMB) in December. Aran mentioned, "If November's inflation comes in below 2%, this would allow the Central Bank to implement an interest rate cut in December, providing an opportunity to start the year. This would be quite beneficial in terms of ensuring predictability in the economy and allowing us to anticipate the steps the Central Bank will take as we all make plans for 2025. I believe our country's economy needs this 2.5-point cut this time."