- Analytics
- News and Tools
- Market News
- ECB's Villeroy: Inflation close to peaking in France and the Eurozone
ECB's Villeroy: Inflation close to peaking in France and the Eurozone
According to Reuters, Bank of France head and ECB governing council member Francois Villeroy de Galhau said on Tuesday that inflation "is now close to its peak in our country (December showing first signs of stabilisation) and in the euro area". "While remaining very vigilant," he added, "we believe that supply difficulties and energy pressures should gradually subside over the course of the year".
His remarks come after the release of flash French HICP figures on Tuesday which showed YoY inflation remaining at 13-year highs of 3.4% in December. The French central bank thinks inflation will end 2022 under 2.0%.
Market Reaction
The euro has not reacted to Villeroy's latest remarks.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
