The cursed trilogy: Inflation, exchange rate & interest rate

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The cursed trilogy: Inflation, exchange rate & interest rate

Abril 2017

The government in recent weeks partly recovered politically from the big difficulties it suffered in February, when Macri’s positive image dropped 10 percentage points and the government looked disoriented and made numerous mistakes.

Throughout the last month and a half the government appeared to be on the defensive and disoriented due to the long teacher’s strike, many blocked streets by the “piqueteros” that disrupted life in the urban areas, and several confrontations with the unions that had generated a hostile social climate.