You either control inflation or the exchange rate. You can't do both.

To keep the peso stable they are channeling money into the economy. The price they will pay is inflation eroding the value of salaries and discouraging investment in the country.

Inflation can't be controlled through price agreements or price controls. The only way to control it is with a stronger monetary policy.

The market reacted positively to the lower than expected inflation figures. That means inflation is under control.

Inflation is under control and inflationary pressures are subdued. We are looking for opportunities to get into the market, preferably in Treasuries maturing in five years or more.

With inflation really under control and deflation at producer price levels, I don't think they'll do anything.