With each passing week the feeling that the Argentine economy is approaching the one we experienced in the eighties cannot be avoided. It does not mean that the situation will be exactly the same nor...
BASE SCENARIO March 2023
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BASE SCENARIO March 2023
After the failure of four banks in the course of a few days, the Federal Reserve advanced with an additional rise in the reference interest rate by 25 bps, below the 50 bps expected just a few weeks earlier. In this context, the market now expects the rate hike to have ended or, at most and with less probability, to increase another 25 bps. This implies a lower expected strength of the dollar in the coming months.