Presentation of the Deputy Governor of the BCRA in Madrid

Friday, May 17, 2024

The Deputy Governor of the BCRA, Vladimir Werning, has made a presentation on “The Current Disinflation Process and the Monetary Policy Easing Cycle: The Bi-Monetary Argentine Experience.”

The Deputy Governor of the BCRA, Vladimir Werning, presented: “The Current Disinflation Process and the Monetary Policy Easing Cycle: The Bi-Monetary Argentine Experience” during the CXVI Meeting of Central Bank Governors organized by the Center for Latin American Monetary Studies (Centro de Estudios Monetarios Latinoamericanos, CEMLA).

The meeting was jointly organized by Bank of Spain and CEMLA, and was held in Madrid on May 9 and 10, 2024.

AGENDA

1 | Rapid Disinflation: Pulling Argentina Away from the Edge of Hyperinflation

2 | Stabilization Program: Outperformance on Every Policy Commitment

3 | Policy Results, Credibility and Feedback Loop: Private Sector Expectations & Response

4 | Monetary Policy: Both a Policy Anchor and a Policy Lever

5 | FX Policy in a Bi-Monetary Economy: First a Policy Lever, Now a Policy Anchor

The presentation was delivered in English.

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