US EditionMilei Kicks the Promise of the End of Inflation: Now Says It Will Be for the Middle of Next Year The Eternal Second Semester
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The President reiterated that inflation "will be a problem of the past" and argued that the accumulation of reserves is irrelevant under a flexible exchange rate regime.
President Javier Milei announced, once again, when inflation will end. This time, he predicted it would not happen until the middle of next year. Regarding the May inflation figure, which INDEC will release in the coming weeks, the president commented: "Everything seems to indicate that the number will be around two." Despite his repeated promises of an improved economic outlook, the purchasing power of Argentine families has only worsened since…
The President said prices have already dropped, the economy is growing and the country “should be painted violet” in the October elections.
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