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Argentina s government is bullish that its measures to cool one of the world s highest inflation rates are working. Shoppers, however, aren t yet fully convinced.. -April 12, 2024 at 07:11 am EDT - MarketScreener ....
Argentina's Government (And a Bot) Say Inflation Is Easing. Shoppers Aren't So Sure usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Argentina's markets, which soared after President Javier Milei took office a month ago, are now giving the libertarian leader a dose of reality, with bond prices slipping, the peso weakening again and investors wary of the government's new debt auctions. The splash of cold water from investors after an initial honeymoon underscores the huge challenge facing Milei as he looks to tamp down inflation heading towards 200%, head off social unrest, rebuild depleted reserves and rescue a $44 billion program with the International Monetary Fund (IMF). He also faces push-back to his 'omnibus' reform bill aiming to privatize state entities and raising taxes in Congress, where his libertarian coalition is well short of a majority. ....
Argentina s markets, which soared after President Javier Milei took office a month ago, are now giving the libertarian leader a dose of reality, with bond prices slipping, the peso weakening again. ....