The governor, whose term expires in November, will draw the balance of the year and the upcoming challenges for the country and the institution. Ignazio Visco faces many requests to increase passive rates to adjust them to those applied to loans.
An invitation arrived both from the Minister of Economy Giorgetti and from the ECB and that will reduce the strong margins accumulated in recent months by the sector. Visco in recent years has avoided friction and direct attacks but has not yielded on independence and autonomy.