Prime minister says central bank’s ‘simplistic’ approach likely to hurt eurozone economies
EU economyItalian prime minister Giorgia Meloni has lashed out at the European Central Bank for its repeated interest rate rises, saying its “simplistic” approach to combating inflation was likely to hurt European economies more than help them.
“It’s right to fight [inflation] hard but the ECB’s simplistic recipe of raising interest rates does not appear to many as the correct path to pursue,” she said. “We cannot overlook the risk that the constant rise in rates will end up affecting our economies more than inflation.
“Our job is not done,” she said. “We have made significant progress but — faced with a more persistent inflation process — we cannot waver, and we cannot declare victory yet.”
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
ECB must persist with rate rises to ward off wage-price spiral, says Christine Lagarde\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Consulte Mais informação »
ECB recommends £500k Yorkshire fine over racism scandalThe ECB recommends Yorkshire are fined £500,000 and deducted points across all formats for their handling of the Azeem Rafiq racism scandal.
Consulte Mais informação »
ECB’s Fabio Panetta to become head of Italy’s central bank\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Consulte Mais informação »
Cricket will fade into irrelevance if it remains on this racist, sexist and elitist pathThe report commissioned by the ECB makes for painful reading, trashing the view that cricket is ‘a game for everyone’ 🖋️ GARSIDEK
Consulte Mais informação »
Racism, sexism and classism are 'deep-rooted' in English cricket, damning report revealsA damning independent report has concluded that institutional racism, sexism and classism are deep-rooted and widespread at all levels across English cricket StocksC_cricket reports:
Consulte Mais informação »
Woman advised to 'kick out' criminal partner if he starts againHe mounted the pavement to get round a police vehicle, and then went over speed humps at 60mph, in a 30mph limit
Consulte Mais informação »