FED

Reporting of Wall Street Italia
Of Alessandra Caparello
Inflation is on the right track but “there is still a need for significant accommodative measures”. Go back to talking about Quantitative easing the number one of the European Central Bank Mario Draghi during his speech at the Sintra Economic Forum in Portugal where his colleagues from the Fed and the Bank of Japan, respectively Jerome Powell and Haruhiko Kuroda.
For Draghi thelast word regarding the end of Qe.

"In the 2017 Eurozone growth was higher than we had expected: growth on annual basis recorded in the fourth quarter was the strongest in a decade. But in the 2018 growth has slowed and, until now, it was lower than our expectations (…) Regarding the ECB's monetary policy, as indicated last week the progress made so far towards a sustained adjustment in inflation has been substantial. The expected end of our net asset purchases in December this year is subject to new macro data confirming the medium-term outlook for inflationinflation. Furthermore, the asset purchase program can always be used if contingent events arise that we cannot see at the moment.".

Draghi underlined how confidence in the return of inflation towards the long-term objective has strengthened significantly over the last few months., but uncertainty permeates theeconomic outlook.

“With long-term inflation expectations well anchored, the underlying strength ofEuropean economy and the continued large degree of monetary accommodation allow us to be confident that inflation will converge towards our objective and that this convergence can be maintained even after a gradual winding down of our program of net asset purchases.".

Therefore, says Draghi, the "monetary policy in the Eurozone must remain patient, persistent and prudent”. Read More

Very interesting interview with the Minister of Economy indicated by Salvini. Maybe it's because of what he says, here too, that the establishment sees it as smoke and mirrors?
Of Paolo Savona
The economic colonization suffered and the recovery of monetary sovereignty
Source: The Antidiplomat
“The Maastricht operation was politically and technically very poorly conducted at the time. The few people who thought like me were marginalized”
Of Alessandro Bianchi e Simone Nastasi

Paolo Savona. He taught economics at the universities of Perugia, of Rome Tor Vergata, at the Higher School of Public Administration and at the Guglielmo Marconi University. Founder of’ Open Economies Review and former president of Assonebb, the Association for the Encyclopedia of Banking and the Stock Exchange. Industrial miner (1993-1994). Author in 2012 Of Heresies, exorcisms and right choices to get out of the crisis. The Italian case
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