Italy's Deputy PM Salvini: I will not allow the EU to impede Italian growth

Market news

21 June 2019

Italy's Deputy PM Salvini: I will not allow the EU to impede Italian growth

Government has to give guarantees to Italian people before providing any guarantees to EU over 2020 budget
Reform of Bank Of Italy is necessary
At least 10-15 bln euros are necessary for a flat tax measure
Italy does not need an additional budget adjustment this year

Fed Vice Chairman Clarida: Fed has flexibility to act if needed given interest rates are a distance away from zero

St. Louis Fed President Bullard says that he feels rate cut was most appropriate option

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