Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Widespread Price Freeze Ahead Of Midterm Election

  • The government is freezing prices on 1,432 household items in an attempt to halt accelerating inflation in advance of November's midterm election and the Christmas holiday period.
  • The price freeze will remain in place until January 7.
  • The list is larger than the ~900 items government officials had originally pitched to companies and supermarkets last week before price discussions between the government and industry leaders fell through on Tuesday.
  • The announcement is the latest piece of evidence for the government's tense relations with the private sector, following a failed nationalization of a soybean exporter, temporary export bans and a prohibition on firing workers.
  • Interior Commerce Secretary Roberto Feletti criticized business leaders in his statement Tuesday. (BBG)

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.