have any new data coming in. But I think that any kind of discussion is open, any kind of decision is open, including the 50 basis points cut. But again, we should wait for the data to inform us on that decision.\”Fabio Panetta, Bank of ItalyOn the economy: \”We have seen that the growth of the euro area has been weaker than expected, and this is also reflected in the inflation dynamics. Inflation has been weaker than expected, and this is also the result of the trade tensions and the global slowdown. So it’s clear that we need to do more to ensure that inflation goes back to our aim of close to, but below, 2%.\”On rate cuts: \”We will have to assess the situation. We will have to assess the incoming data. So far, we have taken measures that have been effective in supporting the economy. The measures that we have taken have been instrumental in supporting the economy in a situation where inflation has been lower than expected.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or whatever is needed to ensure that inflation goes back to our aim of close to, but below, 2%.\”\”So, we will have to assess the situation, we will have to assess the incoming data, and then we will have to take the appropriate measures. We will have to see whether we need to do more, whether we need to do less, whether we need to do 25 basis points, 50 basis points, or
