We were delighted to have our CEO/CIO, Andrea Seminara’s, comments featured in a front-page article of Affari&Finanza, a weekly supplement of La Repubblica, on October 2nd, 2023. The article, titled ‘Banche centrali : Il picco dei tassi è vicino ma la discesa tarderà ancora’, asks the following key questions: how much longer will central banks be able to keep rates high to defend against inflation and avoid plunging the global economy into a nasty recession, and to what extent does Europe and the USA diverge in such a scenario?
In the article, Seminara says: “Until we see a very severe recession, the ECB will not ease the tightening. In the meantime, we observe that all the risk indicators are widening”.
Read the full article below: