Turkey's Stock Market Recovers Amid Interest Rate Cut Expectations

The Turkish stock market is showing signs of recovery, driven by investor optimism surrounding potential interest rate cuts. After a challenging period marked by high rates and foreign investor withdrawals, market sentiment improved following hints from the Central Bank of Turkey about a future rate reduction. This change, along with expected adjustments to the minimum wage, may encourage more investment. However, analysts expect gradual interest rate cuts, which could boost Turkey’s stock market and overall economy in 2025.