Since last July, the bank has cut rates by 1,275 points, a move widely considered to encourage investments and boost growth.
In a statement released after its first Monetary Policy Committee meeting of the New Year, the bank said the course of inflation is considered to be broadly in line with the year-end inflation projection.
"Accordingly, considering all factors affecting the inflation outlook, the committee decided to make a measured cut in the policy rate (one-week repo rate)," it said.
Last year, interest rates have fallen by 1,200 basis points from 24 percent, the report said.
In its latest report, the Central Bank lowered the country's year-end inflation forecast from 13.9 to 12 percent, while the forecast for this year remained unchanged at 8.2 percent.
According to Turkish statistical authorities, the inflation was 11.84 percent in December 2019.
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