Visco: “Sustainable ECB hikes for Italian accounts, businesses and households”

MILANO – The governor of Bank d’Italy Ignazio Viscoguest at the 29th congress Assiom Forex in Milanapproves the further rate hike from 2.5% to 3% just launched by the Bceand also the increase of another 50 basis points announced for March: provided that the risks of inflation taking root are “balanced with those of an excessive tightening” in the cost of money, which “would have serious repercussions for economic activity”.

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