Bank of Italy see 2018 GDP growth of around 1.4%, same as 2017

Author: Mike Paterson | Category: Central Banks

BOI out with latest forecasts 19 Jan

  • 2017 expectation of 1.4% is lower than 1.5% govt f/c
  • 2019 and 2020 f/c 1.2%
  • Italian GDP/deficit ration probably lower in 2017
  • sees inflation rate of 1.1% in 2018 and 1.5% in 2019 and 2020.
Not going to change any fx prices but one for background info.

Meanwhile EURUSD continues its drift lower and challenging 1.2230. Could we yet touch those 1.2200 expiries?