ecb sept hike
ECB raises deposit rate to 2.50%
The ECB hiked 25bp to 2.50% on Sept 10, citing euro-area August CPI at 3.3% with energy inflation at 14.3%. Lagarde warned headline inflation will remain well above target due to Middle East conflict.
The Mild Take
Coverage tagged: Italy (ITA)
Every story tagged to Italy in the reporting behind our ratings, newest first. State-self-reported sources are excluded from scoring; non-anglophone coverage is surfaced in translation. Every card links to its source.
4 stories, newest first - 0 on this page in translation
ecb september hike
ECB to raise rates a second time in September, but then done, say economists
A Reuters poll of economists expects the ECB to raise rates on Sept 10, taking the deposit rate to 2.50% in a second consecutive hike, with euro-area August inflation at 3.3% pushed above target by energy costs traceable to the Hormuz disruption. The decision falls AFTER this window, so only the expectation is recorded and no euro-area score is moved on it.
meloni longevity record
Analysis: new stability record for Italy's Meloni may prove fleeting
The Meloni government became Italy's longest continuously serving since the Second World War. Reuters' own analysis cautions the record may prove fleeting, and Deputy PM Salvini is simultaneously demanding at least EUR 20 billion in extra deficit spending for the 2027 budget while asserting Italy does not need Brussels' approval. That coalition strain is why the move is a single step.
eu windfall tax push
Six EU countries push for windfall tax on oil companies amid surging war profits
Finance ministers of Germany, Italy, Austria, Poland, Portugal and Spain jointly asked the Irish presidency to put a windfall tax on Hormuz-inflated oil profits on the Sept 18-19 Ecofin agenda, with Dublin open to the debate. Fiscal-policy signal, no score moves.