Juan Carlos De Pablo celebrated that the BCRA "has stopped kissing with inflation goals"



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07-12-2018
For the economy, exchange rate oscillations "are now less violent", but warned: "after a crisis someone must be watching"

The Economist Juan Carlos De Pablo celebrated that the Central Bank "stopped to track down with the goals of inflation ", and he affirmed that with the management of Luis Caputo "acts on more realistic bases".
"The Central Bank is acting on more realistic basics than before and it is a very important fact, they stopped kissing with inflation targets and rethought monetary aggregates." ", he said.

In statements on the radio, De Pablo estimated that the "oscillations" of the exchange rate "are now less violent than a week or two ago", but warned : "after a crisis someone must be watching, while another is following with the rest".
"Either you have an inflationary policy or you stop teasing with walk on a price, believing that with that you will lower the inflation rate" a- he stressed.
In addition, he argued that "in times of turbulence, it is very difficult to know what is a good or bad price. So, many people just say in case I do such a thing ".

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