· Miguel Angel Pesce Wiki · Banco Central de la República Argentina WikiChallenges for the macroeconomic and financial stability in the current international context
Read full speech on bis.org ↗Open Dark Majestic articleContextLecture and closing remarks by Miguel Ángel Pesce, President of the Central Bank of Argentina, at the 2023 Money and Banking Conference "Challenges for the macroeconomic and financial stability in the current international context", Buenos Aires, 5 July 2023.
Why it mattersPesce discusses how to break Argentina's inflation inertia.
Problems raised
- Argentina suffers very high inflation.
- Inflation inertia is strong.
- Capital markets are underdeveloped.
Solutions proposed
- Break inflation inertia.
- Develop capital markets.
- Learn from other countries' central banks.
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