Visco’s outburst against the words of his European colleagues on the rate hike

Visco's outburst against the words of his European colleagues on the rate hike

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The governor of the Bank of Italy criticized the comments of the hawks of the ECB: “The uncertainty is so high that the Governing Council has agreed to decide meeting by meeting, without prospective indications”

With a quote from Eugenio Montale, the governor of the Bank of Italy, Ignatius Viscocriticized the latest utterances of the hawks of the BCE on future and extended periods and interest rate increases. For Visco “What we are not, what we don’t want” is high and persistent inflation, but this does not mean that exits such as that of Austrian central banker Robert Holtzman are appreciable, who called for four rate hikes of 50 points basis from here to the summer.

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