US EditionCaputo Accelerated the Interest Rate Above Inflation and Disobeyed the Imf - Real Economy
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The monetary strategy of the Minister of Economy, Luis Caputo, triggered the interest rates of the fixed terms to a level that already exceeds the monthly inflation, in a clear sign that the priority is to encourage savings in pesos. However, this contractive policy goes against the recommendations expressed in a document of the International Monetary Fund (IMF) that advocates low rates to stimulate economic activity. After the last movements of…
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