International inflation remains high but with a slowing trend. In the US, the behavior of high inflation is more persistent than initially expected and is far from the target. In this context, a...
There are no solutions to so many problems
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There are no solutions to so many problems
Second week
May 2023
The Finance Minister was extremely eloquent last Thursday in Navarro about the possibility of continuing to endure problems. The recipient of the message was his own party, to whom he asks for calmness and power to decide. From the economic side we couldn't agree more: the situation is extremely critical. At this point in the game, we lost hope that the economy can be fixed during the current presidential term. But we are still in time for the situation not to get (much) worse. And that requires prudent economic management and a policy that does not destabilize.
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 No hay doble dígito, por ahora. Los datos de mayo no nos muestran que haya doble dígito por ahora. Es cierto que el mercado en los últimos dos meses subestimó la inflación y quizás por eso ahora... |