ECB’S VILLEROY: EXPECT MORE RATE CUTS

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European Central Bank (ECB) Governing Council member and Bank of France President François Villeroy de Galhau shed light on the central bank’s policy move on Wednesday.

Additional comments

Expect inflation to remain moderate in France.

Expect the French unemployment rate to go up to around 8% before then going back down to 7%.

Regarding france's public finances, that 'we really need to treat the illness'.


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