Argentina's Inflation Slows in February But Remains Near 30-Year High

• Argentina's monthly inflation slowed to 13.2% in February, below economists' 15% forecast

• Yearly inflation surged to 276.2%, fastest since 1990s hyperinflation

• Central bank cut rates to 80% from 100%, citing "descending trajectory" in prices

• Economy minister expects monthly inflation below 10% by mid-2024

• IMF open to new program including fresh funds to replace current $44B deal