Argentina central bank keeps benchmark interest rate at 27.75%

Thursday, April 12th 2018 - 08:59 UTC

Full article 3 comments

Argentina’s central bank held its benchmark interest rate at 27.25% this week, the monetary authority said in a statement, noting that high-frequency indicators suggested core inflation would remain high in April, but below March’s levels. Read full article

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Marti Llazo
Argentine benchmark interest rate at 27.25%.

The sure sign of a history of wise monetary policy.

Benchmark interest rate at 2.5 percent for Chile.
Apr 12th, 2018 - 12:24 pm - Link - Report abuse 0
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The Voice
Gulp!
Apr 12th, 2018 - 12:59 pm - Link - Report abuse 0
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Enrique Massot
Inflation remains stubbornly high, even when the Macri government officials continue to say rates are slowing down.

In addition, the energy bills have gone crazy as well as food prices.

Foreign borrowing continues at a crazy pace and the government uses the money to keep the lights on as the IMF looms closer by the day.

Small and medium-size enterprises are taking the brunt of reduced consumption and wide-open imports.

Some say the government does not know where it's going. I disagree. Macri and his team are operating a monstrous adjustment of the economy to support 1,000 families and to hell with the rest.
Apr 13th, 2018 - 10:25 pm - Link - Report abuse -1
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