> ## Content Index
> Fetch the complete content index at: https://www.theglobalbanker.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Argentina's BCRA Cuts Monetary Policy Rate to 35% as Cumulative Easing Tracks Inflation Decline
- URL: https://www.theglobalbanker.com/bcra-argentina-cuts-monetary-policy-rate-35-percent-inflation-decline/
- Published: 2024-11-01T18:45:00.000Z
- Updated: 2026-11-01T17:26:30.000Z
- Description: Argentina's central bank reduced its benchmark nominal annual rate from 40% to 35% and its active repo rate from 45% to 40%, its first cut in six months as inflation falls.
- Author: TGB Editorial Team
- Tags: Central Banks, Americas, #archive

The Banco Central de la República Argentina (BCRA) reduced its benchmark monetary policy rate on 1 November 2024, lowering the nominal annual rate from 40% to 35%. The central bank also cut its active repo rate from 45% to 40%, resuming an easing cycle that had paused since May as Argentina's inflation rate falls from the levels recorded at the start of the year. 

#### STATED REASONS

The BCRA attributed the cut to liquidity conditions, the fall in observed inflation and inflation expectations, and a stronger fiscal anchor. 

#### REPO RATE

The active repo rate, cut from 45% to 40%, affects the cost of short-term liquidity operations within Argentina's financial system. The parallel adjustment preserves the existing five-percentage-point spread between the two instruments.