Not Even 50% Inflation Will Make Argentina Boost Interest Rates

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(Bloomberg) — Argentina’s cen­tral bank is rul­ing out increas­ing inter­est rates for the fore­see­able future even as cur­ren­cy pres­sures mount and annu­al infla­tion climbs above 50%.The country’s mon­e­tary author­i­ty is pre­pared to keep hold­ing its key rate for months to come, accord­ing to peo­ple with direct knowl­edge of …

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