Milei Vows to Shutter Argentina’s Central Bank ‘Sooner or Later’

President Javier Milei, who has won praise for his pragmatism since taking office, is standing by one of his most controversial campaign pledges: closing Argentina’s central bank.

The 86-year-old institution will be shut down “sooner or later,” Milei told Radio La Red on Thursday, when asked if he still planned to dollarize the economy.

Milei also predicted that December’s monthly inflation figure, due at 4 p.m. local time, will be below 30% — and closer to 25% — “which will show a resounding success” of his economic team, given expectations were at one point as high as 45%.

The ...