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BCRA May Hike Rates Following Thursday's Inflation Data

ARGENTINA
  • New Economy Minister Sergio Massa plans to restrict the amount of physical money in circulation and boost interest rates to fight inflation before considering a faster depreciation of the exchange rate, according to people with direct knowledge of his plans.
    • According to the article - with the July inflation print expected to spike when released on Thursday, the central bank may lift its key rates, said the people, who aren’t authorized to speak publicly. (Bloomberg)

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