They Warn that There Is Little Room to Lower the Interest Rate

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One report points out that the persistence of inflation and the international financial context limit the possibility of further declines in the interest rate. The post warns that there is little room to lower the interest rate due to the persistence of inflation appeared first on The Intransigent.

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Buenos Aires, 9 March (NA) -- The interest rates in pesos do not have scope for further reductions in the short term, due to the persistence of inflation, projected between 2.5% and 2.6% for the first quarter, and the stability of external factors such as the country risk, which was located around 550 basis points, and the United States rate, according to a private report. According to a work of the Mediterranean Foundation, prepared by the econ…