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Central banks need macroeconomic models and forecasting procedures that reflect the impact of climate change and nature degradation and that keep track of the changing structure of the economy. If climate and nature affect productivity, growth, and inflation, Elderson notes, they fall within the mandate. #CambiamentoClimatico #EconomiaSostenibile #BCE (translated)

The documentary filmmaker Mina Akbari, awarded at the Middle East Now festival for her film Women of Revolution, highlights the crucial role of Iranian women as forces of change and describes the difficult situation in Iran, marked by a lack of hope, inflation, and repression, while the threat of a war with Trump's United States looms over the country. #Iran #DonneDiRevoluzione #ProtesteIraniane (translated)

Fiscal policy should reconstruct margins of maneuver and safeguard debt sustainability through credible medium-term frameworks (such as the EU fiscal framework), while protecting investments that promote growth and essential social spending, reducing risks of external contagion, and improving the quality and efficiency of public spending and revenues. This is stated in the statement by the Minister of Economy, Giancarlo Giorgetti, to the International Monetary and Financial Committee of the IMF. #BCE #Inflazione #Energia (translated)

The outlook for inflation indicates higher inflation in the future, especially in the short term, given the recent developments in energy markets. This was stated by the ECB President, Christine Lagarde, in her statement to the International Monetary and Financial Committee of the IMF meeting in Bangkok. #BCE #Inflazione #Energia (translated)

The President of the ECB, Christine Lagarde, emphasized the need for a measured response to the energy crisis related to the pandemic to keep inflation under control, while the Minister of Economy, Giancarlo Giorgetti, highlighted the importance of strengthening debt sustainability through credible fiscal policies and diversifying energy sources. #BCE #Inflazione #Energia (translated)

The inflation outlook indicates higher inflation in the future, especially in the short term, given the recent developments in energy markets. However, at this stage, we do not see evidence of a significant pass-through of energy prices to other prices and wages, beyond what is already included in our projections. Lagarde explained that the ECB's 'reaction function' is based on three criteria: the assessment of inflation prospects and the risks surrounding them; the dynamics of core inflation; and the strength of the transmission of monetary policy. #BCE #inflazione #politicamonetaria (translated)

President Mattarella raised the need to limit national days to avoid the inflation of ineffective events, suggesting that the same reflection should extend to festivals, the number of which in Italy is constantly growing but often inadequately supported. #CulturaItaliano #Festival #PoliticheCulturali (translated)

The author wrote that inflation was at 4.2% compared to a year earlier, while wages had increased by 2.5%. He attributed a wage loss of about 1.7% to the conflicts in Iran and Ukraine. He added that if the government had reduced taxes collected on energy, "inflation would have...", without completing the sentence. #inflazione #economia #stipendi #IR #UA (translated)

The article analyzes the tensions within the European Union regarding the request for fiscal flexibility put forward by Prime Minister Meloni, in response to rising energy costs and inflation, highlighting the division between the frugal countries and the group of Friends of Cohesion, while the economic situation in Italy further complicates with new social protests. #Flessibilità #Economia #UnioneEuropea (translated)

Despite the increase in the employment rate, poverty remains stable in Italy, with over 5.4 million individuals living in absolute poverty, highlighting a structural crisis linked to low wages, inflation, and the vulnerability of large families. #povertà #occupazione #reddito (translated)