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2026-09-11T12:13:30.000Z

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French Central Bank on Economic Outlook

French Central Bank on Economic Outlook

The Governor of the Bank of France, Emmanuel Moulin, expressed concern over the state of the French economy, urging the government to take measures to address the budget deficit. He highlighted that the economic growth forecast for 2026 has been lowered to 0.4% instead of the previously expected 0.7%. He pointed out that France is lagging behind the Eurozone, which is experiencing economic expansion, due to weak consumer spending and declining investments. This comes after the European Central Bank raised interest rates for the second time since the beginning of the crisis with Iran, amid warnings of worsening financial and investment conditions in France.

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