Reuters exclusively reported Argentina’s central bank board was set to keep the benchmark interest rate steady at 75% as September
The post Reuters reveals Argentina central bank pauses rate hikes after inflation undershoot appeared first on Reuters News Agency.
Reuters exclusively reported Argentina’s central bank board was set to keep the benchmark interest rate steady at 75% as September inflation data came in lower than expected. The bank confirmed the news on Tuesday. The decision to hold the rate unchanged breaks one of the world’s most aggressive tightening cycles in the inflation-hit South American country where prices are set to rise around 100% this year.
The post Reuters reveals Argentina central bank pauses rate hikes after inflation undershoot appeared first on Reuters News Agency.
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