Italy has shown solid growth, rapid disinflation - Schnabel - Business.co.uk. In a keynote speech titled 'Has the fight against inflation been won?', Schnabel told students the "dream of central bankers is to win the battle against inflation without causing a recession" "We must be careful not to ease financial conditions too soon", she added.
An ECB survey of 11 eurozone countries published on Friday shows that inflation expectations for the next 12 months have increased by 0.1 percentage point to 3.3% from 3.2%.