(ANSA) - ROME, MARCH 08 - "I do not appreciate the statements of my colleagues on the prolonged rate hikes": said the governor of the Bank of Italy, Ignazio Visco, in his greeting to the XIV Maeci-Bank of Italy conference.
"Even if monetary policy has so far been successful in stabilizing expectations, the serious geopolitical situation makes it very difficult to predict future macroeconomic trends. Monetary policy will therefore have to continue to move with prudence, being guided by the data", and "without jeopardizing financial stability and minimizing the negative effects on the still fragile recovery", he added.
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