According to the data announced by Turkstat, consumer confidence reached its highest level in 2022. The consumer confidence index increased by 5.3% compared to the previous month and became 76.2 in October – BloombergHT The Central Bank of the Republic of Turkey (CBRT) lowered the policy rate by 150 basis points to 10.50%. The market expectation was to cut the interest rate by 100 basis points. The CBRT signaled in its decision text that a similar rate cut would be made in November and that the interest rate cycle would be completed –