FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Creating Conditions For Policy Easing - Panetta

Conditions across the eurozone are "being created to initiate monetary easing,” Bank of Italy Governor Fabio Panetta said on Thursday during the presentation of the national bank’s 2023 economic results, although he added little in the way of further detail.

The Bank of Italy registered gross losses of EUR7.1 billion in 2023 that turned into a net profit of EUR 0.8 billion after an EUR 7.9 billion disbursment from the general risk fund.

The European Central Bank's ending of asset purchases and monetary tightening has brought the first gross negative annual profit for the BOI in nearly 20 years after it saw losses from 2002-2004 with adjustments during the first years of the Euro. (see MNI INTERVIEW: ECB To Cut 50BP, Then Wait And See- Bini Smaghi)

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Bank of ItalyCentral Bank NewsPolicy NewsHomepageEuropean Central BankCEEMEAEurozoneItalyBriefStoryRegionEuropean Central Bank (ECB) Market News
True
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
Bank of ItalyCentral Bank NewsPolicy NewsHomepageEuropean Central BankCEEMEAEurozoneItalyBriefStoryRegionEuropean Central Bank (ECB) Market News
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.