Milei’s congressional gains in the 2025 midterms, which expanded La Libertad Avanza’s bloc and gave the administration greater legislative leverage, combined with sustained fiscal discipline and inflation reduction from over 200% to around 33%, have anchored expectations that he will serve until the October 2027 election. Credit rating upgrades and renewed market access further signal institutional stability. Recent cabinet turbulence, including the June 2026 resignation of a top aide amid corruption allegations, has weighed on approval ratings now hovering near 34-40%, yet no credible impeachment process or resignation pressure has emerged. Traders appear to view these factors, along with a fragmented opposition, as insufficient to trigger early removal before the scheduled vote.