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1) The @BancoCentral_AR kept interest rates at 27.25% today, reflecting increased inflation in Feb. and fears that a weak peso could worsen the trend. On the bright side, @Citi analysts noted #Argentina’s optimism that inflation would decelerate once utility price hikes taper.
2) Though stability in electricity, fuel and transportation prices would help, @jpmorgan analysts say unexpectedly high wage hikes would increase inflation expectations, already well above the 15% target.
