"Fighting inflation with monetary policy is not enough, recession cannot be the price paid for fighting inflation," Giancarlo Giorgetti said.
Speaking to the Ambrosetti business forum, Giorgetti confirmed that improvements in the first half of the year would allow Italy to slightly upgrade its official forecast for economic growth of 0.6% in 2023.
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Stubborn inflation keeps ECB on course for more rate hikesInflation in the euro zone dropped by the most on record in March but 'core' price growth accelerated, which is likely to strengthen the case for more interest rate hikes by the European Central Bank. Oh, that stubborn inflation. Stop making Biden look bad! Biden's Build Back Better, boys and girls...oh wait, oops, how many genders are now affected by biden's runaway inflation? Utter clown world. Transitory
Source: Reuters - 🏆 2. / 97 Read more »