Economics
Argentina Central Bank Raises Rate to 49% As Inflation Jumps
- In statement, bank says it expects inflation to keep slowing
- Statistics agency earlier posted monthly inflation of 6% m/m
This article is for subscribers only.
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Argentina’s central bank raised interest rates for the fifth time this year on Thursday in an attempt to halt an inflationary spike.