Argentina’s central bank lowered its benchmark interest rate (to 35% from 40%) for the first time in nearly six months as President Javier Milei continues to oversee a slowdown in inflation in the crisis-prone economy.The decision is based on the country’s liquidity context, the lowering of inflation expectations and the government’s fiscal anchor.
November 1, 2024
SOURCE: BNN BLOOMBERG
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Argentina Cuts Benchmark Rate to 35% on Cooling Inflation