Bank of Italy Visco: rate rises must continue to reduce risk of persistent high inflation

Interest rates in the euro zone need to rise further in order to help reduce the risk of persistent high inflation, Bank of Italy Governor Ignazio Visco said on Monday.

• Rate Rises Must Continue In Order To Reduce The Risk Of Persistent High Inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term
• We Should Not Underestimate Risk Of Normalising Rates Too Fast, Given The Worsening Economic Outlook
• There Are No Doubts That Interest Rates Are Not Yet In Line With The Objective Of 2% Inflation In Medium Term
• Pace Of Rate Rises And Their End Point Can't Be Predetermined, Uncertainty Means We Need To Proceed Gradually
• There Are No Doubts That Interest Rates Are Not Yet In Line With The Objective Of 2% Inflation In Medium Term
• Wage Movements In Italy And The Euro Zone Have Remained Moderate, No Signs Of Inflation Expectations And Price Stability Becoming Decoupled