Center's inflation forecasts matched expectations: 6 out of 10 institutions expect a rate cut in December

The Central Bank of Turkey’s inflation forecasts for 2026, 2027 and 2028 matched the median expectations in a Matriks News survey exactly, with banks and brokerages attributing upward revisions to energy, food and import costs. Six of the 10 institutions surveyed expect a 100 basis-point rate cut at the December 10 meeting. The alignment matters because it reduces the risk of a policy surprise at the next rate decision. Investors will watch the December 10 meeting for confirmation of the easing cycle and any signals on the pace of further cuts.