The Italian economy will grow by close to 5% this year, the Bank of Italy said on Friday, raising a previous forecast due to the improving coronavirus situation and an upward revision to first quarter gross domestic product data.
(Bloomberg) Some European Central Bank officials issued warnings about higher rates of inflation, just a day after agreeing to keep monetary stimulus flowing at an accelerated pace through the summer.
Paul Achleitner is due to retire next May after 10 difficult years in office that saw two changes of chief executive, billions of euros of losses and huge fines
(Bloomberg) Happy Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to take you through to the weekend: Prices paid by U.S. consumers rose by more than forecast in May, extending a months-long buildup in inflation, while applications for U.S.