Experience and knowledge

to understand the economy and enhance finances

Services

Reports

We offer reports on the Argentine economic and financial situation, focused on key aspects such as the level of activity, fiscal accounts, inflation, interest rates and exchange rates.

Presentations

We make in-company presentations on the Argentine and international economic situation, adjusting to the client's needs.

Consultations

We are available for specific queries from our clients on current issues via phone or email.

Forecasting

We prepare detailed long-term economic forecasts and alternative scenarios for budgeting and decision making.

Contact Us

Last Reports

Cutting Rates: A Bet in Many Directions

The government decided to cut rates by 10 percentage points and now the monetary policy rate (the Central Bank’s reverse repo rate) is 60% APR, an 82% effective rate. In our base scenario we expected a loosening in monetary policy, but perhaps in June after a more consolidated decline in inflation. Last week’s decision was a surprise, but not a storm on a sunny day.

La inflación juega a favor en abril, pero no cantemos victoria

Los datos de alta frecuencia que medimos en cadenas de supermercados del Gran Buenos Aires (alimentos y productos de cuidado personal) nos mostraron una deflación por primera vez desde que hacemos este ejercicio. Hay muchos peros porque nuestra canasta no es idéntica a la del INDEC y la muestra de comercios es más chica, pero aún así en los últimos meses los alimentos que medimos tuvieron trayectoria bastante similar a la de los subíndices de alimentos del índice de la Ciudad de Buenos Aires y la del INDEC para el Gran Buenos Aires.

About Us

Miguel A. Kiguel

Ph.D. en Economía

Director

Graduate in Economics from the University of Buenos Aires and Ph.D. in Economics from Columbia University. Professor and researcher at the Di Tella University and academic advisor at FIEL

With vast experience as an advisor to multilateral organizations such as the IMF, the World Bank and the Inter-American Development Bank, as well as several Latin American countries, he held prominent roles in the financial sector, including the presidency of Banco Hipotecario S.A. and functions in the Ministry of Economy and the Central Bank of the Argentine Republic.

He was an Assistant Professor at the University of Maryland, and taught at institutions such as CEMA, Georgetown University, and Columbia University.

He is a columnist and author of numerous articles in international publications. Author of the book “The Argentine economic crisis, a history of adjustments and imbalances” with Sebastián Kiguel.

Andrés Borenstein

Mg. en Finanzas

Chief economist

Graduate in Economics from the University of Buenos Aires and Master in Finance from the Torcuato Di Tella University. He has been an adjunct professor at UBA since 2002 and a visiting professor at UTDT since 2006.

He was chief economist for Argentina at BTG Pactual and economist for South America at the British Embassy based in Buenos Aires.

He was an economic journalist at Clarín and El Economista and was a member of the boards of directors of various companies.

Author of the book “Puede fallar: Economía y comunicación en 40 años de democracia” with Gabriel Llorens Rocha.

Author of the podcast “La economía en 3 minutos.”

Alejandro Giacoia

Economist

Bachelor of Economics (UBA).

Pursuing a Master’s Degree in Finance (Di Tella).

Delfina Colacilli

Economist

Bachelor of Economics (UBA).

Studying a Master’s Degree in Economics (UBA).

Rafael Aguilar

Economist

Bachelor of Economics (UBA).

He was an assistant in the UBA National Accounts chair

Pamela Morales

Economist

Bachelor of Economics (UCEMA)

Associate Professor of Macroeconomics UCEMA.

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