ECB’s Villeroy: Inflation in France should reach peak during the first semester

European Central Bank (ECB) Governing Council member and French central bank governor Francois Villeroy de Galhau said on Wednesday, “Inflation in France should reach a peak during the first semester.”

Additional comments

“Expect growth in France to be slightly positive in 2023, slightly higher than the +0.3% forecast in December - before the expected recovery in 2024.”

“Now entering a new phase of monetary policy more comparable to a long-distance race.”