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Rate hike needed for Italy too - Lagarde

Cites Visco, ECB only body responsible for monetary policy

(ANSA) - ROME, JUN 20 - An interest rate hike is needed to help curb rising inflation in Italy too, European Central Bank President Christine Lagarde said Monday.
    "We have mapped out a path of normalization, wholly legitimate and necessary, citing my colleague from the Bank of Italy, Ignazio Visco," she said.
    She said the ECB was the only body responsible for monetary policy. (ANSA).
   

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