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28th Sep 2022 15:31Eurozone, Daily Monitor
Mario Draghi will remain in his post as caretaker Prime Minister until at least late October.
Infighting over fiscal policy means Italy’s new government is unlikely to meet its budget deadline.
Markets are volatile; upward pressure on BTP yields will remain, and likely will hit 5.0% by year-end.
Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence