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...This could be valuable as Panetta’s successor is likely to take over his role overseeing the ECB’s plan to launch a digital euro....
...Fabio Panetta, the new head of the Banca d’Italia, said in a speech on Friday that Russia’s invasion of Ukraine was “a stark reminder” of the strategic benefits for Europe of having a global currency like...
...“The time for a reversal of the monetary policy stance is fast approaching,” added Panetta, one of the most dovish voices on the European Central Bank’s rate-setting governing council....
...Fabio Panetta, head of Italy’s central bank, said in a speech on Thursday that if the Fed keeps rates on hold longer than markets expect, or even raises them, it would be “likely to reinforce the case for...
Linking the multitude of systems would make transferring money cheaper, faster and more transparent
...“Moving from fiscal governance to fiscal union requires a permanent central fiscal capacity,” said Panetta in a speech on Wednesday....
...Panetta, however, said that “the process of disinflation has been set in motion”....
...Rome announced Panetta’s nomination to lead the central bank late on Tuesday....
...Central banks: Fabio Panetta becomes governor of Banca d’Italia, succeeding Ignazio Visco. Sarah Breeden becomes Bank of England deputy governor of financial stability....
...Panetta will vacate the ECB executive board seat on November 1 to become the new governor of the Bank of Italy....
...“A tightening in the US has a negative impact on inflation and output in the eurozone,” Italy’s central bank boss Fabio Panetta said on Thursday, adding that this was “likely to reinforce the case for a...
...“We need to avoid unnecessary damage to economic activity and risks to financial stability, which would ultimately jeopardise price stability,” Panetta said....
...Pointing to Trump’s former national security adviser Robert O’Brien, Panetta said: “Your president hasn’t unified the country, he’s split the country . . ....
...Fabio Panetta, European Central Bank executive board member and incoming governor of the Bank of Italy, is right to point out that cross-border payments are “prohibitively expensive and sluggish” (Markets...
...His Italian counterpart, Fabio Panetta, however, sees things differently. Higher Fed rates for longer would tighten global financial conditions, he said, strengthening the case for Eurozone rate cuts....
Trading in unbacked digital assets should be treated by regulators like gambling
...The Meloni government’s criticism of the ECB comes at a sensitive moment as Rome has just announced the appointment of Fabio Panetta, a member of the ECB’s executive board, as the new governor of Banca d...
...Panetta said the ECB needed to move in a “non-mechanistic way” as he warned that “what we do not want is to drive like crazy at night with our headlights turned off”....
...Italy’s new central bank governor Fabio Panetta, who joined from the ECB last month, hinted this week that rates might need to be cut soon “to avoid unnecessary damage to economic activity and risks to financial...
...European Central Bank board member Fabio Panetta addresses a hearing on the digital euro by the European Parliament’s economic and monetary affairs committee....
...group races to cut costs UK, the cap on bankers’ bonuses is removed Results: Anheuser-Busch InBev Q3, BP Q3, Fannie Mae Q3, Samsung Electronics Q3, JetBlue Q3, Stellantis Q3 Wednesday Italy, Fabio Panetta...
...Fabio Panetta, a member of the ECB executive board, pinned the blame for the latest rise in services prices on “robust” spending on holidays and travel....
...While the wider fallout was limited in this case, Panetta said: “We cannot ignore scenarios where the attacks could have propagated quickly, disrupting the financial system.”...
...Deputy prime minister Matteo Salvini said Lagarde’s comments were “senseless and harmful” and that his League party would talk to Fabio Panetta, Italy’s representative on the ECB’s executive board, to “discuss...
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