UPDATE 2-Erdogan says high rates will not get Turkey anywhere; lira slides - Reuters
7:25am PST - January 15th, 2021 stimulus update - ReutersPresident Tayyip Erdogan said on Friday high interest rates do not serve Turkey and he repeated his unorthodox view that the solution is to cut rates in order to lower inflation, comments that rattled investors and sent the lira down nearly 2%.