Central Bank weighs stability against stimulus ahead of key monetary policy decision
As Azerbaijan prepares for its next monetary policy announcement on October 22, 2025, all eyes are on the Central Bank to gauge whether it will maintain its current interest rates or signal a shift in policy. According to the 2025 schedule for public announcements of monetary decisions, the upcoming meeting marks a critical juncture in the country’s effort to balance inflation control with economic growth.
On September 10, 2025, the Central Bank’s Board decided to hold the key policy rate steady at 7 percent, with the interest rate corridor remaining at 6–8 percent. This decision was informed by multiple factors: the trajectory of actual inflation relative to the 4±2 percent target, global economic trends, domestic macroeconomic conditions, ongoing stability in the currency market, and the transmission mechanism of monetary policy. By signaling a cautious stance, the Bank appeared intent on carefully calibrating the economy without stifling growth.
Earlier, on July 23, 2025, the Central Bank had lowered all parameters of the interest rate corridor by 0.25 percentage points, adjusting the key rate to 7 percent, the........





















Toi Staff
Gideon Levy
Tarik Cyril Amar
Sabine Sterk
Stefano Lusa
Mort Laitner
Mark Travers Ph.d
Ellen Ginsberg Simon
Gilles Touboul
John Nosta