Global

In the second half of 2023, we anticipate further worldwide economic challenges

Compared to 2.2% in March

Warning of a 'hard landing'

Core inflation at 4.8%

Vontobel survey

German-Italian 10-year spreads have tightened despite fiscal fears

Vincent Mortier

Bank for International Settlements

One-year LPR cut to 3.55%

2% inflation target