Traders and analysts expect Argentina's central bank to lower its benchmark interest rate as soon as Thursday, as inflation falls sharply and as the bank is set to slow the monthly pace of devaluation ...
Argentina's central bank is expected to reduce its key interest rate as inflation cools and the pace of peso devaluation slows. The benchmark rate, currently 32%, may see a 400 basis point cut.
"We're pulverizing inflation," Argentina's economy ministry said ... been betting that Argentina's central bank will cut the interest rate from its current 32%. They also expect the government ...
Monetary policy is an instrument to fight inflation. In Argentina, the main strategy ... instead of adjusting the Central Bank's benchmark interest rate to encourage spending or saving.
"We're pulverizing inflation," Argentina's economy ministry said ... betting that Argentina's central bank will also cut the interest rate from its current 32%. The central bank is expected ...
BUENOS AIRES (Reuters) - Investors in Argentina are betting on a potential interest ... in interest rates," Argentina-based Wise Capital said. GMA Capital Research said that lower inflation ...
Argentina's economy has struggled against sky-high inflation which ended 2023 at 211.4% and peaked near 300% last April. A central bank analysts' poll released last week predicted the rate would ...
Ratings agency Moody's on Friday raised Argentina's long-term foreign currency sovereign credit rating to "Caa3" from "Ca", ...
Yet poverty rates jumped to 53% from 42% in late 2023, according to the Catholic University of Argentina. "Argentines are not yet better off than they were a year ago," The Economist said, noting that ...
Traders have been betting that Argentina's central bank will also cut the interest rate from its current 32%. The central bank is expected to cut the interest rate by around 500 basis points, ...