IMF's Preventive Measures Against Argentina's 116% Inflation Getting Worse

The International Monetary Fund is working with Argentina to help stop its 116% inflation rate getting significantly worse, the Fund’s top economist said.

“Inflation numbers at that level is always a very, very worrisome sign,” Chief Economist Pierre-Olivier Gourinchas said Tuesday, in an interview with Bloomberg TV. “What we are doing is, working with the authorities and trying to make sure that we have in place policies that would prevent inflation from escalating from this already very high level.”

Read More : IMF’s Preventive Measures Against Argentina’s 116% Inflation Getting Worse