• Italy’s Franco: Inflation doesn't seem likely to decline quickly

Market news

8 July 2022

Italy’s Franco: Inflation doesn't seem likely to decline quickly

Italy economy minister Daniele Franco said on Friday, inflation doesn't seem likely to decline quickly.

Additional quotes

Italy economy minister franco says q2 probably saw "robust" GDP growth in Italy.

Italy economy minister franco says govt will continue to take steps to limit impact of high energy prices on firms and households.

Market reaction

  • EUR/USD: Bears don’t give up and open the door to parity
  • EUR/USD shows no signs of a convincing recovery, parity in the crosshairs
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