MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

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

PM Meloni-ECB Rate Hikes Not Right Path For Many

ITALY

Speaking in the Chamber of Deputies ahead of tomorrow's European Council summit in Brussels, PM Giorgia Meloni states that the "simplistic approach of hiking rates by the ECB doesn't seem the right path to take for many...subsequent rate hikes may harm the economy."

  • On ESM, Meloni states that it is "pointless to fuel internal debate over ESM reform, we need to focus on comprehensive economic governance negotiations". On 23 June, MNI's Policy team published an article in which sources suggested that the vote on ESM could be delayed until after summer. See article here.
  • Meloni's appointment of ECB Executive Board dove Fabio Panetta as the next Bank of Italy governor will leave a seat open on the 6-member board. By convention one of these is always held by an Italian.
  • On China says that the EU "needs to reduce its economic dependence on China", adding that "China is a systemic rival for Europe".
Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletEuropean Central Bank (ECB) Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets
Homepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletEuropean Central Bank (ECB) Market NewsBulletMarketsFixed Income BulletsForeign Exchange Bullets

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.