Italy's Visco raps ECB colleagues over their interest rate comments

Kitco Media
By Reuters
Published:
Updated:
Reuters
ROME, March 8 (Reuters) - European Central Bank governing council member Ignazio Visco on Wednesday criticized some of his fellow ECB policy makers for making comments on future interest rates that diverged from what had been agreed at policy meetings. "The uncertainty is so high that as a governing council we agreed that we would decide meeting by meeting, without forward guidance," the Bank of Italy governor said at a speech in Rome. "For this reason I don't appreciate comments by my colleagues regarding future and prolonged increases in rates."
(Reporting by Stefano Bernabei, writing by Gavin Jones, editing by Alvise Armellini)

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