Inflation accelerated for the third straight month in Argentina even after President Javier Milei’s midterm victory as beef, transport and energy prices rose.

Inflation accelerated for the third straight month in Argentina even after President Javier Milei’s midterm victory as beef, transport and energy prices rose.

President Javier Milei is preparing to embark on an ambitious push to reform Argentina’s economy when a friendlier Congress takes office Wednesday. Investors hope it’s just the opening act to a much bigger move: dismantling the rigid currency controls that defined his first two years in office.

The International Monetary Fund urged Javier Milei’s government to build up its foreign reserves as it acknowledged Argentina meeting its end-year accumulation target will be “challenging.”

President Javier Milei confirmed late Tuesday his party became the biggest group in the lower house of Argentina’s Congress as the libertarian continues to add lawmakers while others deflect from rival blocs.

Argentine President Javier Milei’s popularity picked up after his party’s landslide victory in midterm elections as both voter perceptions of his administration and economic expectations improved.

Argentina’s economy expanded more than expected in September despite heightened market turmoil brought on by local and national midterm elections.

Investors seeking to capitalize on Javier Milei’s next round of market reforms are gearing up to bid in a tender to privatize Argentina’s beleaguered freight railways, part of the president’s effort to unleash vast agriculture and mining exports.

Investors seeking to capitalize on Javier Milei’s next round of market reforms are gearing up to bid in a tender to privatize Argentina’s beleaguered freight railways, part of the president’s effort to unleash vast agriculture and mining exports.