Argentina raises key interest rate to 69.5% in biggest hike since 2019

YahooFinance-Bloomberg/Ignacio Olivera Doll and Patrick Gillespie/8-11-2022

“Argentina’s central bank raised its benchmark Leliq rate to 69.5%, representing the largest hike in almost three years and signaling a more aggressive stance against surging inflation.”

USAGOLD note: Yet, the inflation rate remains stubbornly above the interest rate…….

The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.