Meloni Joins Italian Colleagues in Blasting ECB Over Hikes
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Italian Prime Minister Giorgia Meloni slammed the European Central Bank’s monetary policy, doubling down on criticism from her two deputies.
“The simplistic recipe of increasing interest rates isn’t seen by many as the right path,” she told parliament on Wednesday. “It cannot be ignored that constantly increasing rates risks harming our economies more than it reduces inflation, making it a cure that does more harm than good.”