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Key Italian Minister Questions ECB Independence From Governments
A key minister in Giorgia Meloni’s right-wing administration has called into question the legitimacy of the European Central Bank’s independence from national governments and European Union authorities. “We have relinquished to independent bodies that are accountable only to themselves the possibility of shaping the lives of citizens and the economy, with more power than the European Commission and, most importantly, than national governments,” Defense Minister Guido Crosetto told newspaper La Repubblica on Wednesday. “Is it legitimate to ask whether this is right?” Italian government officials have ... (full story)
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From @DeItaone|Jan 4, 2023tweet at 9:00am: FED'S KASHKARI SAYS APPROPRIATE TO CONTINUE INTEREST RATE HIKES 'AT LEAST AT THE NEXT FEW MEETINGS' UNTIL CONFIDENT INFLATION HAS PEAKED tweet at 9:00am: FED'S KASHKARI: INCREASING EVIDENCE THAT INFLATION MAY HAVE PEAKED. tweet at 9:00am: FED'S KASHKARI: THE FED MUST AVOID CUTTING RATES PREMATURELY AND CAUSING INFLATION TO SPIKE AGAIN, AS THIS WOULD BE A COSTLY MISTAKE. tweet at 9:01am: FED'S KASHKARI: I WILL NOT KNOW IF THAT IS SUFFICIENT UNTIL FED PAUSES FOR A REASONABLE PERIOD OF TIME. tweet at 9:01am: FED'S KASHKARI: ONLY WHEN INFLATION IS WELL ON ITS WAY BACK DOWN TO THE 2% TARGET CAN THE FED CONSIDER CUTTING RATES.
From channelnewsasia.com|Jan 4, 2023Global health officials tried to determine the facts of China's raging COVID-19 outbreak and how to prevent a further spread as the government's mouthpiece newspaper on Wednesday ...
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From bls.gov|Jan 4, 2023|10 commentsThe number of job openings was little changed at 10.5 million on the last business day of November, the U.S. Bureau of Labor Statistics reported today. Over the month, the number ...
From prnewswire.com|Jan 4, 2023|1 commentEconomic activity in the manufacturing sector contracted in December for the second consecutive month following a 29-month period of growth, say the nation's supply executives in ...
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- Posted: Jan 4, 2023 9:13am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 675
