Weekly economic report powered by Intesa Sanpaolo

There are rumours that the ECB is pressing for a faster repayment of TLTROs by banks, apparently over reputational concerns. TLTROs could be becoming burdensome also for their potential inconsistency with the current monetary policy stance. However, any intervention will have to be cautious and circumscribed, given the risk of sparking tensions on the markets, and should be implemented only the new anti-fragmentation mechanism is in […]

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To celebrate naidocweek 2022 themed Get Up!

To celebrate naidocweek2022 themed Get Up! Stand Up! Show Up! we want to highlight a project that aims to celebrate the strength and resilience of the Traditional Owners of this Country and the long-term relationships between Italy and Australia. The project Aboriginal Archives in Italy. A Space for Reciprocal Collaboration was created by Monica Galassi to celebrate these connections and take action to support truth-telling and rights […]

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Weekly economic report powered by Intesa Sanpaolo

Between 2022 and 2023 we will see a slowdown in world economic growth and the retreat of inflation rates, partly of their own accord and partly linked to the more restrictive direction of economic policies and financial conditions. The uncertainty of the scenario is very high, and suggests it is not possible to rule out a global recession between 2023 and 2024, which may […]

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Weekly economic report powered by Intesa Sanpaolo

The ECB has released the flexibility on PEPP reinvestments to contain the divergence of financial  conditions among euro area countries. In addition, it envisaged the implementation of a  structural solution: probably an SMP-type mechanism, with access conditional on the fulfilment  of minimum conditions and sterilisation of liquidity effects. This development should facilitate the  normalisation of official rates in the coming months. The FOMC comes […]

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2022 Eurocucina x Smeg

Salone del mobile 2022 is on!Check out what ICCIAUS members are showcasing. https://www.linkedin.com/posts/smegaustralia_2022-eurocucina-x-smeg-activity-6940451394621501440-aynR?utm_source=linkedin_share&utm_medium=member_desktop_web

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Weekly economic report powered by Intesa Sanpaolo

United States – The economic outlook for 2022 remains positive, but the war on inflation will cause injuries on the macro battlefield starting in 2023. US growth remains solid despite the Fed’s hawkish signals and market turbulence. As always, the adjustment of economic variables, both real and nominal, will take time. In the next few quarters, final domestic demand should continue […]

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