Inflation, Sileoni (Fabi): return to the optimal level established by the ECB will be long

Inflation Sileoni Fabi return to the optimal level established by

(Finance) – The general secretary of the Fabi, Lando Maria Sileonideclared that “historically inflation grows fast, but it is slow to fall. Today in Italy it is at 6.4%, it could begin to fall more towards the end of 2023, but the return to 2%, i.e. the level optimal established by ECBit will be long”. “TheInflation in Germany it is 6.9%, in France 5.5%, in Spain 1.9%. In short, there is great fragmentation in the euro area, with very different reactions to the ECB’s decisions – he added during the Omnibus programme, broadcast on La7 -. At the moment, the increase in the cost of money creates advantages only for the banks and the new increases, already announced, will push increases in the rates applied on mortgages And loansthus promoting the growth of useful of the sector which in 2022, for Italy alone, reached 25 billion euros”.

“Regarding i taxi activei.e. what banks recognize to customers on deposits through deposits and current accounts, it should be emphasized, however, that we are the only country in Europe that is below 1% with some productswhile banks in other European countries recognize much higher lending rates. Postwhich is 65% of the State, is at even lower levels, almost zero and, at the same time, takes advantage of the choices of the banks themselves which on the one hand close their branches and on the other sell their products credit And savings right in the network of branches postal“, continued Sileoni.

Speaking of the summit of the central banks, the secretary general of the Fabi declared that that of “Fabio panetta, who I have known for a long time, is the best choice as the new governor of the Bank of Italy. Now, however, Panetta is leaving his place on the ECB board and it is not automatic that he will be assigned to Italy. It is an important political match that the Italian government, led by a valid person, who I respect, Giorgia Meloni, will have to face and close positively for our country”.

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