More ECB Hikes May Be Needed to Stop Inflation, Panetta Says
6 Articles
6 Articles
More ECB hikes may be needed to stop inflation, Panetta says
The governor, usually dove, is more net than Lagarde and warns about the risk of relive the energy shock of 2022-23, while remembering that the rising yields must already be considered in the calibration of monetary policy
Key takeaways Fabio Panetta, a leading member of the European Central Bank (ECB) Governing Council, indicated on Friday that further interest rate hikes may be necessary to combat high inflation. He emphasized the importance of these measures to prevent rising prices from leading to higher wage demands. Possibility of future interest rate hikes Although the ECB during the […]
(Teleborsa) - On inflation "there may be a need for further increases in official rates." said the Governor of the Bank of Italy Fabio Panetta at the World Acre Savings Day. From...
Rome, 30 Oct. (askanews) - With a price dynamic destined to remain long above the target and unbalanced risks to the top of the line, the European Central Bank may need further increases in official rates. This is stated by the Governor of Banca d'Italia, Fabio Panetta, in the text of his speech at the World Day of [...]
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