Decision
Lower
Rate change
300 bps
monetary policy rate
29%

The Central Bank of the Argentine Republic (BCRA) cut its monetary policy rate to 29% from 32% (nominal annual rate), citing the consolidation of lower inflation expectations, and lowered the active repo rate to 33% from 36%, with both rates effective 31 January 2025; the statement provided no additional data on domestic activity, external conditions or future policy guidance.

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