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ECB: Bonomi, anti-inflation policy won't lead to recession

2023-02-03T13:18:39.090Z


"Anti-inflation policies are fine as long as they don't lead us into a recession and on this I believe that someone must also be aware of their limits. There is one of Draghi and he was Italian". (HANDLE)


(ANSA) - TARANTO, 03 FEB - "Anti-inflation policies are fine as long as they don't lead us into a recession and on this I believe that someone must also be aware of their own limitations. There is one of Draghi and he was Italian".

This was said in Taranto by the president of Confindustria Carlo Bonomi referring to the half point increase in interest rates approved by the ECB.

"It is one thing, and I think it is correct - he added - is to fight inflation, reminding all of us that our inflation is different from that of the United States, ours is inflation imported due to the cost of raw materials and energy costs, but let us be careful not to go into a recession".


   (HANDLE).


Source: ansa

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