In a closed-door meeting at the Council of the Americas, Guido Sandleris, the Governor of the BCRA, highlighted the importance of reaching broad consensus to lower inflation and spur Argentina’s economic growth. “An intertemporal fiscal balance, a consistent monetary policy that ensures positive interest rates to depositors, an increase in economy’s productivity, and Argentina’s integration into the world stand for broad consensuses for any economic model to succeed,” he said, in the presence of investors in New York.
The Governor of the BCRA added that, according to the latest high-frequency data, inflation should be lower in October than in the previous month.
