ECB Visco says further tightening can continue with caution, regard to steps already taken

0
(0)
<p>Ignazio Visco is Governor of the Bank of Italy and thus a European Central Bank Governing Council member.</p><p>He spoke over the weekend in front of Italy’s Assiom-Forex financial markets association.:</p><ul><li>“The policy tightening can now continue with the due caution, carefully assessing the implications for the economy and inflation prospects of the measures that have already been adopted“ </li><li>said that unwarranted excess tightening would have „serious implications“ for economic activity and financial stability</li><li>said short-term inflation expectations have dropped sharply and longer-term ones remain under control</li></ul><p>Info via Reuters. </p><p>—</p><p>Huh, Visco’s jawboning tilting a little less hawkish after the 50bp rate last week:</p><ul class=“text-align-start vertical-align-baseline“><li class=“vertical-align-baseline“><a target=“_blank“ href=“https://www.forexlive.com/centralbank/ecb-sources-see-at-least-two-more-rate-hikes-20230202/“ rel=“follow“ target=“_self“ class=“article-link vertical-align-baseline“>ECB sources: See at least two more rate hikes</a></li><li class=“vertical-align-baseline“><a target=“_blank“ href=“https://www.forexlive.com/centralbank/ecbs-lagardewe-intend-to-raise-rates-by-50-bps-the-next-meeting-then-monitor-the-path-20230202/“ rel=“follow“ target=“_self“ class=“article-link vertical-align-baseline“>ECBs Lagarde:We intend to raise rates by 50 BPs @ the next meeting & then monitor the path</a></li><li><a target=“_blank“ href=“https://www.forexlive.com/centralbank/ecb-raises-key-rates-by-50-bps-in-february-monetary-policy-meeting-as-expected-20230202/“ rel=“follow“ target=“_self“ class=“article-link“>ECB raises key rates by 50 bps in February monetary policy meeting, as expected</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.

Go to Forexlive

Wie hilfreich war dieser Beitrag?

Klicke auf die Sterne um zu bewerten!

Durchschnittliche Bewertung 0 / 5. Anzahl Bewertungen: 0

Bisher keine Bewertungen! Sei der Erste, der diesen Beitrag bewertet.

Es tut uns leid, dass der Beitrag für dich nicht hilfreich war!

Lasse uns diesen Beitrag verbessern!

Wie können wir diesen Beitrag verbessern?