The new governor of the Bank of France assures that the energy shock will be “persistent” whatever the “short-term evolution” of the situation in the Middle East
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The monetary institution is due to announce on Tuesday its new forecasts for French growth in 2026, expected to be down compared to the initial forecast of 0.9% in April.
The monetary institution is due to announce on Tuesday its new forecasts for French growth in 2026, expected to be down compared to the initial forecast of 0.9% in April. The European Central Bank's decision to raise its key rates should amplify this slowing effect, in order to "contain" the risk of an inflationary spiral.
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