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Dollarization ‘Not the Answer’ for Argentina, Former IMF Board Member Says
In a warning to presidential candidate Javier Milei, Mark Sobel says dollarization would be “too risky” and that resolving the country’s economic woes would require a lot of work
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Which Latin American Country Is Enjoying the Sharpest Deflation?
Mexico, Chile and Peru are seeing prices drop, while year-on-year inflation in Brazil and Argentina has increased, but Costa Rica has the world’s second-sharpest deflation after Afghanistan
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Petrobras Fuel Price Hike Could Hasten Inflation in Brazil
The Brazilian oil giant announced Tuesday it would raise the wholesale price of gasoline by 16% per liter, and diesel by 26%
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Argentina Announces New Price Caps In a Bid to Contain Runaway Inflation
The Economy Ministry has imposed a 5% increase in prices for the next three months following a 22% devaluation of the peso that will likely lead to inflation over the coming months
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Dollar Blue Soars in Argentina as Government Reports Uptick in July Inflation
The greenback opened higher against the peso in the black market, and continued to climb in the afternoon as the latest inflation data was reported
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US Core Inflation Rate Clocks In Lowest Consecutive Increase in Two Years
This Thursday’s Consumer Price Index data backed up expectations of the Fed ultimately managing to tame inflation without triggering a recession
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What Are the Factors Helping Latin America to Contain Inflation?
Independent monetary policies brought a dual effectiveness in the fight against inflation, with both tightening and the competitive appreciation of local currencies, according to Moody’s
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Inflation in Mexico Eases as Expected Ahead of Banxico Rate Decision
Core inflation, which excludes volatile items such as fuel and food, slowed to 6.64% in July from 6.89% a month prior
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Four Key Economic Indicators that Sum Up Petro’s First Year as Colombia’s President
The country’s first left-wing government has reached its first anniversary with a stronger-than-expected performance in GDP, double-digit inflation, and declining unemployment. However, debt levels remain high