The S&P Merval recovers ground and rebounds after two days of decline

The S&P Merval recovers ground and rebounds after two days of decline

February 22, 2024 – 12:19

Inflation and tensions with Congress are just two of the issues that attract attention in the administration of President Javier Milei.

Argentine News

The porteño bag moves upward this Thursday with the first deals, as occurred in several previous sessions, although based on the prevailing liquidity the subsequent trend will be defined given the economic and political doubts that surround the situation of the country.

The leading index S&P Merval rises 1.12%, to 1,051,156.86 units, although it has a fall of around 17% in February due to profit taking among frontline papers.

Inflation and tensions with Congress are just two of the issues that attract attention in the administration of President Javier Milei.

Meanwhile, the market was readjusting to thes repercussions of the minutes of the last Federal Reserve meeting (Fed), which showed caution about relaxing monetary policy too quickly in search of bringing inflation to the 2% annual objective.

News in development.-

Source: Ambito

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