Carlos Melconian: "Reducing Inflation Remains for the Next Government"
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5 Articles
The former holder of the Banco Nación questioned the management margin to decelerate prices without resigning activity or exchange rate stability.
The economist Carlos Melconian launched a harsh forecast on the future of inflation in Argentina and questioned whether Javier Milei’s government could carry out a significant price reduction during the remainder of its mandate. He warned that the task of consolidating lasting stability will remain in the hands of the next administration. In statements to Splendid AM 990, the former president of Banco Nación said that the current economic progra…
The economist argued that accelerating deinflation involves resigning other objectives, such as sustaining activity and avoiding exchange-rate tensions. He also questioned short-term measures.
For the economist, the persistence of current indices marks a difficult floor to break with the tools available.
The economist analyzed the macroeconomic scenario, warned of the lack of technical instruments to reach a digit and said that it is impossible to reconcile a drastic price slowdown with simultaneous electoral and exchange rate objectives.
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