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monetary policy

  1. S

    Economy First significant reduction in the BCRA's interest-bearing liabilities in pesos

    It took about 50 days for the Central Bank (BCRA) to show the first significant nominal decrease in the stock of debt remunerated in pesos. This huge and heavy liability, a true testimony of the excesses in monetary issuance by the Fernández administration, was reduced from $29.875 billion to...
  2. Rick

    Economy Emerging markets have ignored the ‘Buenos Aires consensus’ - Financial Review

    Emerging markets have ignored the ‘Buenos Aires consensus’ Serial debt defaulter countries have become remarkable bastions of economic resilience by adopting the prudent macroeconomic policies advocated by the IMF. Kenneth Rogoff Columnist As finance ministers and central bankers convened in...
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