Argentina's Inflation Hits 3-Year Low at 2.7% Under Milei's Economic Policies

Argentinian President Javier Milei's libertarian economic policies have successfully reduced the country's inflation rate to 2.7% in October, the lowest in three years. Since taking office, Milei has implemented significant spending cuts, reduced subsidies, and stopped the central bank from printing money to finance deficits, leading to fiscal surpluses and a steady decline in inflation. Despite protests over spending cuts, Milei's measures have revitalized Argentina's economy, fulfilling his promise to lower inflation below 3% before the end of 2024.