Central Bank RatesTürkiye policy rate in 2014 (4 changes)
Start of year4.50%
End of year8.25%Dec 31, 2014
Net change+375 bp1 hikes, 3 cuts
Average8.667%
Rank by level3 / 37
Changes in 2014
| Date | From | To | Change |
|---|---|---|---|
| Jan 29, 2014 | 4.50% | 10.00% | hike +550 bp |
| May 23, 2014 | 10.00% | 9.50% | cut -50 bp |
| Jun 25, 2014 | 9.50% | 8.75% | cut -75 bp |
| Jul 18, 2014 | 8.75% | 8.25% | cut -50 bp |
Compared with other areas at the end of 2014
17%
11.75%
8.25%
8%
8%
7.75%
5.75%
5.6%
4.5%
4.5%
4%
3.5%
3.5%
3.25%
3.25%
3%
3%
2.75%
2.5%
2.5%
2.1%
2%
2%
2%
2%
2%
1.25%
1%
0.5%
0.5%
0.25%
0.125%
0.05%
0.05%
0%
-0.05%
-0.25%
Year-end rate over time
37%
38%
47.5%
42.5%
9%
14%
17%
12%
24%
8%
8%
7.5%
8.25%
4.5%
5.5%
5.75%
6.5%
6.5%
15%
15.75%
17.5%
13.5%
18%
26%
44%
2014: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.