
Articles
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1 week ago |
flipboard.com | Walter Bianchi
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1 month ago |
gurutrade.com | Aida Pelaez-Fernandez |Walter Bianchi |Sarah Morland |Diane Craft
BUENOS AIRES, March 14 (Reuters) - Argentina's monthly inflation rate accelerated to 2.4% in February, in line with analyst estimates, data from the INDEC statistics agency showed on Friday. This marks an acceleration from the 2.2% recorded in January, as housing and public services expenses rose nearly 4%. Inflation in the 12 months through February hit 66.9%, also slowing from a rate of 84.5% recorded in the previous month but a touch above the expectations of analysts polled by Reuters.
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1 month ago |
kfgo.com | Walter Bianchi |Aida Pelaez-Fernandez
By Walter Bianchi and Aida Pelaez-FernandezBUENOS AIRES (Reuters) – Argentina’s monthly inflation rate accelerated to 2.4% in February, in line with analyst estimates, data from the INDEC statistics agency showed on Friday. This marks an acceleration from the 2.2% recorded in January, as housing and public services expenses rose nearly 4%.
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2 months ago |
gurutrade.com | Walter Bianchi |Brendan O'Boyle
BUENOS AIRES, (Reuters) - Argentina's central bank cut its benchmark interest rate by 300 basis points to settle at 29%, it announced in a statement on Thursday, as inflation continues its downward path in South America's No. 2 economy. Traders expected a cut, as the rate of rising consumer prices falls and the monetary authority is set to slow the monthly pace of devaluation of the local peso currency.
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2 months ago |
money.usnews.com | Walter Bianchi
By Walter BianchiBUENOS AIRES (Reuters) - Traders and analysts expect Argentina's central bank to lower its benchmark interest rate as soon as Thursday, as inflation falls sharply and as the bank is set to slow the monthly pace of devaluation of the local peso currency. Starting Monday, the devaluation, known as the crawling peg, will slow down to 1% a month from 2% a month previously.
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