Turkish Rate Cuts Would Be ‘Disastrous Idea,’ SocGen’s Kalen Says

The video discusses the potential consequences of further interest rate cuts in Turkey, highlighting the risks of currency instability and the need for a balanced policy approach. It reflects on past crises and suggests that while a drastic policy reversal is unlikely, a more interventionist strategy may be adopted to maintain stability.

How has President Erdogan influenced interest rate policies in Turkey over the past year?

What measures has Turkey taken to stabilize its currency in light of low interest rates?

What are the potential consequences of further interest rate cuts in Turkey according to the speaker?

What lessons does the speaker believe Turkey has learned from the currency crisis two years ago?

What is the speaker's perspective on the likelihood of Turkey reversing its current interest rate policies?