“A Little Inflation Is Very Serious”: BCRA Rejected Economists’ Criticisms and Calculated the Impact on Families
11 Articles
11 Articles
The latest Market Expectations Relevance (REM) anticipated a slowdown in inflationary dynamics in the coming months. What it predicts for the dollar, activity and employment
The Argentine Executive will send a bill to Congress to avoid financing the deficit with inflation.
The vice president of the entity, Vladimir Werning, defended the reform of the Organic Charter; he estimated the property loss that caused the inflationary tax
The BCRA authorities presented the economic foundations of the reform, focusing on the preservation of the currency. The project leaves aside other current charter mandates, such as the promotion of employment and development with social equity.
The president of the Central Bank, Santiago Bausili, ruled out a state rescue program for indebted customers, saying that “we continue to see this as a conversation between private individuals” and confirming the position of Minister Luis Caputo. The head of the BCRA explained that “the state gets in the middle of a conversation between private individuals” in a awkward way, pointing out that the default will be reduced through bank refinancing …
Santiago Bausili and Vladimir Werning presented to the Chamber of Deputies the economic foundations behind the project.
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- 67% of the sources lean Right
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