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Speech - Annual Meeting of the Italian Banking Association

· Ignazio Visco, Governor of the Banca d'Italia (Italy)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, climate, energy and nature

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· Ignazio Visco Wiki · Banca d'Italia WikiSpeech - Annual Meeting of the Italian Banking Association

ContextSpeech at the annual meeting of the Italian Banking Association in Rome; the Bank of Italy safeguards price and financial stability in a very uncertain period.

Why it mattersVisco discusses normalisation amid war-driven inflation.

Problems raised
  1. Uncertainty is great.
  2. Russia's attack drives inflation.
  3. Supply chains are disrupted.
Solutions proposed
  1. Normalise monetary policy.
  2. Support banks through uncertainty.
  3. Monitor energy prices.
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