12:41 - 7.03.2025

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March 7, Fineko/abc.az. International economic statistics portal Trading Economics (TE) has made some changes to its forecast regarding the Central Bank of Azerbaijan's (CBA) interest rate.

ABC.AZ reports that the portal now expects the CBA to keep the interest rate unchanged in the first quarter decision of 2025, while in the second quarter to decrease to 6.75%.

However, based on global macro models and analysts' expectations, Trading Economics has lowered its forecast for the third quarter from 6.5% to 6.25% and increased its forecast for the fourth quarter from 5% to 5.5%. This is respectively 0.25% less and 0.5% more than previous predictions.

Note that earlier Fitch Solutions predicted that the CBA would lower the interest rate to 6.75%. On the other hand, the Dutch financial corporation "ING Group" believes that the Central Bank will raise the interest rate from 7.25% to 7.50%.

Recal that since May of last year, the CBA has kept the interest rate stable at 7.25%. The Central Bank will announce its next decision on the interest rate on March 12 of this year.