Argentina Prepares to Hike Rates As Inflation Soars Above 100%

Argentina’s economy continues to spiral into an even deeper crisis. The South American nation’s central bank is preparing to introduce emergency measures to quell out-of-control inflation that soared above 100% last month. Argentina’s central bank and Economy Ministry are expected to announce unprecedented interventions to lessen currency depreciation and curtail record-high inflation. The country’s benchmark … Continue reading Argentina Prepares to Hike Rates As Inflation Soars Above 100%