Free Trial
USDCAD TECHS

Key Support Remains Exposed

AUDUSD TECHS

Pullback Extends, But Still Looks Corrective in Nature

US TSYS

FED Remains in Play Post-NFP/ISM Data

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: Italy Economy Can Handle Further Rate Hikes- Visco

(MNI) LONDON
True

The Italian economy can cope with the fallout from any European Central Bank “gradual but needed monetary restriction,” Bank of Italy’s Governor Ignazio Visco told an event in Rome Monday.

“The interest rates to look at are not the nominal ones […] but the real ones, which still signal balanced conditions in the medium term”, said Visco, as he underlined the importance that Italy keep reducing the public debt and practice sound public finances to avoid “financial tensions” that would reflect in business and households’ borrowing costs.

Keep reading...Show less
128 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

The Italian economy can cope with the fallout from any European Central Bank “gradual but needed monetary restriction,” Bank of Italy’s Governor Ignazio Visco told an event in Rome Monday.

“The interest rates to look at are not the nominal ones […] but the real ones, which still signal balanced conditions in the medium term”, said Visco, as he underlined the importance that Italy keep reducing the public debt and practice sound public finances to avoid “financial tensions” that would reflect in business and households’ borrowing costs.

Keep reading...Show less