Relaxing monetary policy will thus not necessarily accelerate inflation but it certainly will not slow it down either – the statement here seems to be that the best answer to the problems of gradualism is more gradualism.
Macri’s political message was heard loud and clear. Sturzenegger is fourth in line in making economic policy now, below Marcos Peña, Dujovne, and Caputo. The Central Bank’s sacrosanct independence, recovered by Sturzenegger at Macri’s behest, has been put in question, severely weakening the strength of monetary communication.
For many people, the Constitution and the rule of law are at most appealing ideals that deserve to be respected, even revered, but should not be taken too literally. Experience has taught them that personal arrangements matter more.
A mere revision of the nominations he has made will show that Trump’s choices will certainly have an impact on generations to come … more than half of them are under 45 years old, meaning they will be in court for, most probably, a period of three decades.
A trio of people in some way related to the former Navy Mechanics School - Francisco José Piñón, Father Rafael Braun and Marta Vásquez - and the events involving them pose questions for the Universidad del Salvador (USAL).