Turkish Lira's Coup Slide Expected to Slow Rate Cuts

The video discusses the significant depreciation of the Turkish lira and its impact on Central Bank decisions, particularly in the context of a recent coup attempt. It explores the relationship between the Central Bank and the government, highlighting President Erdogan's preference for lower interest rates. The video also covers the extensive purges in Turkey, detailing the number of detentions and dismissals. Despite these events, life in Istanbul appears normal, with public support for Erdogan visible in nightly street gatherings.

What did the Economy Minister say regarding the Central Bank's actions?

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What was the public's reaction in Istanbul following the extraordinary events?

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