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Governors To Meet Government Officials Today To Discuss Social Pact

ARGENTINA
  • In the calendar today, Argentina’s governors will meet with Interior Minister Guillermo Francos and Cabinet Chief Nicolas Posse at the presidential palace in Buenos Aires to start talks seeking a social pact called by President Milei, which is expected to be signed on May 25.
  • No data releases are scheduled for today, with attention turning to February CPI figures due on Tuesday. President Milei recently said that he expects 15% m/m inflation in February, which would be an improvement on 20%+ m/m gains the previous two months. Annual inflation was 254.2% y/y in January.
  • In other news, President Milei said that his government will create an unpaid economic council to advise him, in a television interview with LN+ on Thursday. The council will be led by his campaign adviser Demian Reidel and will include several prominent economists, according to Milei.

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