News of monetary policy

Argentina considers first rate hike since September after inflation hit 103%

16-03-2023 08:58 Argentina’s Central Bank is considering raising its benchmark rate for the first time since September, according to two people with direct knowledge.

INTEREST RATES

Central Bank poised to hold the key rate at 75% into next year

30-11-2022 08:34 Central Bank tracking suggests monthly inflation could slow to about 5.5% in November, down from 6.3% in October.

economy

Central Bank hikes interest rates to 75% as inflation nears 100%

15-09-2022 23:17 Central Bank boosts benchmark Leliq rate by 5.5 percentage points to 75% in a bid to prop up its currency and curb inflation.

EDITORIAL

For a fistful of dollars

10-09-2022 02:00 The shock of the assassination attempt is quite rightly uppermost in public debate, but the real trends lie elsewhere.

INTEREST RATES

Central Bank set to hike rates again on price spike

01-09-2022 01:54 Central Bank set to increase benchmark Leliq rate again next month as annual inflation rises above 70%.

CENTRAL BANK

Argentina raises key interest rate to 69.5% in biggest hike since 2019

11-08-2022 16:40 Argentina’s Central Bank raises benchmark Leliq rate in largest hike in almost three years, signalling a more aggressive stance against surging inflation.

MONETARY POLICY

Argentina raises benchmark rate to 52% as inflation stays hot

16-06-2022 16:54 Central Bank raises benchmark interest rate for the sixth time this year as the government struggles to cool inflation expectations.

WORLD ECONOMY

How do interest rates affect the real economy?

16-06-2022 12:42 Faced with the highest inflation in four decades, central banks in the United States, eurozone and UK are hiking interest rates in order to contain inflation.

BRAZILIAN ECONOMY

Brazil hikes key interest rate 10th straight time

04-05-2022 21:13 Brazil's Central Bank raises key interest rate for the 10th straight time, trying to tame surging inflation that has proved tough to slow for policy makers.

CENTRAL BANK

Argentina's Central Bank raises key rate to 44.5% as inflation heats up

23-03-2022 15:42 Central Bank raises benchmark rate for the third time this year as inflation continues to speed up.

BLOOMBERG

Argentina’s Central Bank raises key rate to 42.5%

18-02-2022 03:00 Second rate hike this year; IMF staff have called for interest rates in Argentina to exceed annual inflation.

ALBERTO’S FOREIGN TOUR

Alberto tells Putin: Argentina has to stop depending on IMF and US

04-02-2022 23:32 President's foreign tour to Moscow, Beijing and Barbados begins with a bang as opposition criticises “irresponsible” remarks to Russian leader.

IMF DEBT TALKS

Andrés Manuel López Obrador calls on IMF to offer 'fair' deal to Argentina

21-01-2022 23:05 Andrés Manuel López Obrador calls on IMF to take "responsibility" for 2018 loan to Macri's government, which Mexican leader says "aggravated" Argentina's economic and financial crisis.

IMF DEBT TALKS

Nobelist Stiglitz rebuffed after praising Argentina’s 'economic miracle'

21-01-2022 18:06 Nobel laureate economist Joseph Stiglitz is facing a wave of criticism from peers after he claimed crisis-prone Argentina is witnessing “an economic miracle.”

FOREIGN POLICY

United States supports 'a vibrant Argentine economy,' Blinken tells Cafiero

18-01-2022 21:30 Foreign Minister Santiago Cafiero meets with US Secretary of State Antony Blinken in Washington for talks, with the latter describing Argentina as "a friend and partner" of the United States.

BLOOMBERG

Central Bank hikes rate for first time in a year

07-01-2022 01:41 Argentina raised its benchmark interest rate for the first time in over a year as it faces calls from the International Monetary Fund to tighten its monetary policy.

FINANCIAL TURBULENCE

Central Bank reserves at the limit as rumours swirl around Argentina

30-11-2021 21:40 Ecolatina consultancy firm forecasts that Central Bank reserves could end the year lower than in December 2020. Concerns remain about the level of money available to the BCRA, but economists rule out a potential 'corralito.'

by Brenda Funes

NEW CENTRAL BANK RESTRICTIONS

Kulfas defends new rules: ‘Middle class has many options for the summer’

28-11-2021 09:08 Productive Development Minister Matías Kulfas becomes the latest government minister to take to the airwaves to defend new Central Bank rules on credit card purchases in dollars.

EXCHANGE CONTROLS

Argentina tightens exchange controls to curb outflows of dollars

26-11-2021 03:06 Argentina’s Central Bank publishes two new measures intended to curb access to hard currency amid expectations for a devaluation.

BLOOMBERG

Inflation is raging everywhere, but it’s worst in Latin America

23-11-2021 13:57 Inflation shocks are spreading pain around the world, but nowhere is it as bad as Latin America.

BLOOMBERG

Interest rates aren’t the only weapon in global inflation fight

01-11-2021 09:00 As the cost of living surges all over the world, governments aren’t leaving the job of containing inflation to their central banks. They’re responding in other ways too.

BRAZIL CENTRAL BANK

Brazil hikes interest rate by most in two decades

27-10-2021 21:42 Brazil's Central Bank raised its benchmark interest rate by 150 basis points Wednesday – its biggest hike since 2002 as it struggles to tame surging inflation.

BLOOMBERG – ANALYSIS

Brazil tightens most in tears, with 150 points now and December

27-10-2021 21:40 Brazil’s Central Bank delivered its biggest interest rate increase in almost two decades and pledged another equally large move for December, as it fights alone against deteriorating inflation expectations and growing fiscal concerns.

IMF BOOST

IMF’s special drawing rights gives boost to Central Bank reserves

23-08-2021 21:42 International Monetary Fund boost of special drawing rights lifts Argentina's Central Bank reserves to highest amount in almost three years.

BLOOMBERG

Argentina tightens capital controls ahead of midterm elections

13-08-2021 14:11 Regulators tighten screws on so-called blue-chip operations, where investors buy assets in pesos and sell them abroad in dollars to obtain foreign currency.

BLOOMBERG

Central Bank sells dollars for first time since April

03-08-2021 14:53 Central Bank sells greenbacks for the first time in three months, amid electoral nervousness and high inflation.

Bloomberg

Government speeds up money printing ahead of election

28-07-2021 17:00 Central Bank was printing money for the Treasury at the fastest pace so far this year in July.

Bloomberg

Not even 50% inflation will make Argentina boost interest rates

23-07-2021 16:47 Central Bank rules out increasing interest rates for the foreseeable future, even as currency pressures mount and annual inflation climbs above 50%.

Bloomberg

Argentina spawns another FX rate as government clamps down

15-07-2021 14:49 Government steps to regain control over Argentina’s chaotic currency market has led a new unofficial exchange rate to rise to prominence.

BLOOMBERG

Argentina slows peso devaluation in an attempt to curb inflation

01-07-2021 07:55 Policy makers see slower peso depreciation, managed by the Central Bank in a so-called 'crawling peg,' as a key tool to curb rising inflation expectations.

Bloomberg

Latin America rate hike pressure grows as Chile signals lift-off

24-06-2021 09:11 A shift toward tighter monetary policy is quickly taking shape across Latin America. Central banks played a crucial role in the region’s economic response to multiple waves of the coronavirus.

News of monetary policy

Argentina considers first rate hike since September after inflation hit 103%

Central Bank poised to hold the key rate at 75% into next year

Central Bank hikes interest rates to 75% as inflation nears 100%

For a fistful of dollars

Central Bank set to hike rates again on price spike

Argentina raises key interest rate to 69.5% in biggest hike since 2019

Argentina raises benchmark rate to 52% as inflation stays hot

How do interest rates affect the real economy?

Brazil hikes key interest rate 10th straight time

Argentina's Central Bank raises key rate to 44.5% as inflation heats up

Argentina’s Central Bank raises key rate to 42.5%

Alberto tells Putin: Argentina has to stop depending on IMF and US

Andrés Manuel López Obrador calls on IMF to offer 'fair' deal to Argentina

Nobelist Stiglitz rebuffed after praising Argentina’s 'economic miracle'

United States supports 'a vibrant Argentine economy,' Blinken tells Cafiero

Central Bank hikes rate for first time in a year

Central Bank reserves at the limit as rumours swirl around Argentina

Kulfas defends new rules: ‘Middle class has many options for the summer’

Argentina tightens exchange controls to curb outflows of dollars

Inflation is raging everywhere, but it’s worst in Latin America

Interest rates aren’t the only weapon in global inflation fight

Brazil hikes interest rate by most in two decades

Brazil tightens most in tears, with 150 points now and December

IMF’s special drawing rights gives boost to Central Bank reserves

Argentina tightens capital controls ahead of midterm elections

Central Bank sells dollars for first time since April

Government speeds up money printing ahead of election

Not even 50% inflation will make Argentina boost interest rates

Argentina spawns another FX rate as government clamps down

Argentina slows peso devaluation in an attempt to curb inflation

Latin America rate hike pressure grows as Chile signals lift-off

Judges dismisses ‘Ruta K’ corruption case against Fernández de Kirchner

In distorted Buenos Aires rental market, it's dollar vs peso

Taylor Swift Argentina tickets are a bargain with inflation over 100%

Opposition Juntos por el Cambio coalition at odds over Schiaretti

India supports Argentina’s bid to join BRICS, says ambassador

Los feriados de junio de 2023: serán dos y habrá un finde extra largo

Melconian pronosticó "tres transiciones" en Argentina y una "negra"

Polémica en Roland Garros por la vestimenta de las promotoras: "Es sexista"

La intendenta electa en Córdoba que propuso quitar una estatua de Néstor Kirchner y reemplazarla por una de Favaloro

Tragedia en Washington: un jet privado chocó tras ser perseguido por cazas