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Italian minister warns ECB of risk from higher interest rates

Italian minister warns ECB of risk from higher interest rates

© Reuters. FILE PHOTO: Italian Economy Minister Giancarlo Giorgetti attends a news conference for the government’s first budget in Rome, Italy November 22, 2022. REUTERS/Remo Casilli/File Photo By Federico Maccioni CERNOBBIO, Italy (Reuters) – The outlook for the Italian economy is improving but higher interest rates designed to curb inflation could pose a threat to…

US House speaker weighs Republican-only debt ceiling move as Biden proves immovable

US House speaker weighs Republican-only debt ceiling move as Biden proves immovable

© Reuters. FILE PHOTO: House Speaker Kevin McCarthy (R-CA) hosts a bill enrollment ceremony for legislation blocking the enactment of the Washington, DC City Council’s ‘Revised Criminal Code Act of 2022’, in Statuary Hall in the U.S. Capitol building in Washington, By David Morgan WASHINGTON (Reuters) -U.S. House Speaker Kevin McCarthy said on Thursday that…