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Archives for June 10, 2016

BCCR: Higher inflation will worsen unemployment

June 10, 2016 by Staff News Writer

When unemployment rates rise, the central bank allows inflation to grow a little more, so that the economic growth accelerates. The bank considers that high unemployment rates don’t allow sustainable and inclusive economic growth. However, Olivier Castro, president of the monetary entity, argues that the determinants of employment are mostly related to internal and external […]

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News Summary

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