ECB poised to hike rates at upcoming meetings – Economy

“Further normalization of interest rates will be appropriate at the next Governing Council meetings.” Writing in the Economic Bulletin, the European Central Bank states that the July half-point hike decision, which anticipated the exit from negative interest rates, “allows the Governing Council to move to an approach where interest rate decisions are taken from time … Read more

Jobs: Istat, June employment up 60.1%, record since 1977 – Economy

In June 2022, the employment rate rises to 60.1% (a record since 1977), the unemployment rate is stable at 8.1% and the inactivity rate falls to 34.5%. This was reported by Istat, stressing that after the decline recorded in May, due to the growth of permanent employees, the number of employed persons has risen again … Read more