BCRA President Admitted that the Economy Is Growing “Much Slower” than the Government Expects
9 Articles
9 Articles
Santiago Bausili acknowledged that the growth of the activity occurs at a slower rate than expected, he referred to the role of expectations and the “post-traumatic stress” in investment decisions
Santiago Bausili was in a presentation in Mendoza; he said the expansion comes “much slower than we would like”; he believes the CPI will slow down again
The president of the Central Bank spoke to businessmen at the Mendoza Stock Exchange, in the company of the governor of the UCR Alfredo Cornejo.He trusted that inflation will continue its downward trend and that Argentines will no longer be afraid to invest or become indebted.
The President of the Central Bank admitted to Mendoza entrepreneurs that the aftermath of previous crises is holding back investment because of the fear of economic operators, while the registered labour market lost more than 9,000 jobs in May.
The president of the Central Bank was responsible for the low rate of economic growth due to the "fear or post-traumatic stress disorder" caused by the successive crises that the country experienced. Read more
The head of the BCRA spoke to entrepreneurs in Mendoza and explained that the consequences of previous crises condition investment and financing decisions. He also anticipated changes to expand credit.
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