According to the survey by the Ipso union, 53% of ECB staff think that Lagarde is not the right person to lead the Eurotower, while only 38% support the current monetary policy
In 2022, losses amounted to 132 billion francs. The cause lies in the weighting of positions in national currency.
Thirty years in the Bank of Italy, a strong bond with the former Governors Fazio and Draghi, then the leap to the board of the ECB. Here's everything you need to know about Fabio Panetta, who succeeds Visco at the helm of Via Nazionale
The most hawkish of the Fed is leaving, inflation is loosening its grip, there are fears for credit: the clues are there. Will they be enough for central banks to end the hike campaign in July? Let's see what novelties they can play…
Foreign Minister Antonio Tajani attacks the ECB: "Thus we risk recession", but Lagarde confirms the hawkish line: "Inflation at 2% is the only priority. Reach the goal no matter what”
INTERVIEW WITH MARCELLO MESSORI, economist and professor at Luiss - "If you exaggerate on interest rates, the risk of ending up in a recession is high" - Europe has a "great opportunity to make a qualitative leap but Italy cannot fail…
In the upcoming choices of the ECB on rates, it will be essential to balance the risks between doing too little and doing too much. This is the appeal launched by the governor of the Bank of Italy, Ignazio Visco
Intermonte's chief global strategist looks very carefully at some determining factors, but identifies good investment opportunities in the Stock Exchange but also in Treasury bond issues destined for retail
the ECB will continue to have a hawkish attitude to maintain credibility and bring inflation back to the medium-term objective of 2%. The president of the ECB said so at the EBC in Frankfurt
In inaugurating the Ugo La Malfa lectures, commissioned by the Foundation that bears the name of the great republican leader, the Governor of the Bank of Italy focused his attention on the current monetary policy of the ECB, recommending prudence
The effects can be seen on the exchange rate of the dollar and on the performance of the stock exchanges and, therefore, given the deterioration of international financial conditions, also on that of the real economy. The analysis of Ref Ricerche
INTERVIEW WITH PAOLO PASQUARIELLO, ECONOMIST AND HEAD OF THE FINANCE DEPARTMENT OF THE UNIVERSITY OF MICHIGAN: "ECB forced to raise rates to mitigate stagflation and stabilize the euro" - "With the weakness of the euro, it is difficult for European states to afford large deficit of…
The hands of the economy by Fabrizio Galimberti and Luca Paolazzi return on Saturday 10 September. Businesses, inflation, rates, markets, currencies: what will happen
INTERVIEW WITH MARIO NOERA, professor of financial intermediaries at Bocconi - "The ECB's rate hike would be a wrong move" - "We risk more of a recession than an inflationary spiral" - "An expansionary fiscal policy should be stimulated and…
Jean-Paul Fitoussi, a staunch Keynesian and great critic of austerity in monetary economics and budgetary policies, has died at the age of 79 - Numerous ties with Italy
All eyes are on the expected Fed summit on Wednesday 15 December - According to the economist Angelo Baglioni of the Catholic University, the reduction in the purchase of securities is likely but "the real change of pace with the increase in interest rates 'intesse" will presumably arrive…
Markets expectation is rising for central bank meetings scheduled for the week - All eyes are on the Fed which could provide new indications on tapering - Here are all the appointments scheduled in the coming days
Neither rate hike nor tapering ("today is premature"): the ECB does not change the expansionary monetary policy, considered essential to support the economic recovery which it expects to be even more robust in the coming months - Inflation does not scare because wages so far…
From Friday 22 November, the new Financial Education portal of the Bank of Italy, "The economy for all", has been online to help citizens make their daily financial decisions. An individual and concrete experience of in-depth analysis to manage one's own resources responsibly.
The former German finance minister pays tribute to Draghi ("He saved the euro") but believes that the expansionary monetary policy has induced states and political forces to elude the commitment to reform
FROM THE TORIELLO CIRCUIT - Negative rates are a bit like supercompressors for car engines: they enhance the performance of expansionary monetary policy, but, if continued over time, they crash the system - Here's why
In a cycle of events dedicated to financial education, the Governor explains that not everything is decided in Frankfurt and that the transfer of monetary sovereignty to the ECB does not mean that the Bank of Italy has no say because, at the…
At the recent OECD-IMF-Bri international conference in Paris on low productivity growth and the role of finance, it clearly emerged that the multiplication of bankrupt companies to the detriment of companies with high productivity does not depend on monetary policy, but…
FROM ADVISE ONLY BLOG - Debt is an integral part of modern capitalism but today we wonder if we have gone too far and how sustainable the current level of debt is
No comment on US monetary policy by the head of the Federal Reserve which instead issues a warning to Donald Trump on the liberalization of financial transactions he promised to Wall Street - On the US economy: "Substantial progress" that have…
From "THE RED AND THE BLACK" by ALESSANDRO FUGNOLI, Kairos strategist - Our country remains Europe's weak link in the event of a recession: it can absorb a not excessive revaluation of the euro but runs greater risks in the face of a possible rise of…
The ECB president spoke at the annual central bank forum in Sintra in Portugal: inflation is modest, although above expectations, and on monetary policy ....
UBS REPORT - What does it take for a possible upside to Brexit to emerge? On a global scale, the British referendum has rekindled the debate on the limits of monetary policy and in the United Kingdom itself it may represent a historic opportunity to improve…
From the BLOG "IL ROSSO E IL NERO" by ALESSANDRO FUGNOLI, strategist of Kairos - Fed: monetary expansion yes, but without excess demand - Summers: stimulate demand by increasing public spending - Rich: there is excess supply - Rogoff: …
