French FinMin Le Maire: Inflation has started to slow as we predicted
French Finance Minister Bruno Le Maire offers her view on the inflation outlook during her appearance this Thursday.
Key takeaways
We will keep lowering taxes for households and businesses.
We will stick to our fiscal policy.
Fight against inflation is an immediate priority.
Inflation has started to slow as we predicted.
Will meet with retailers and industrial food producers next week to address cost of living issues.
We will accelerate process of reducing France’s debt, which includes difficult decisions.
State must show good example by reducing public spending.
I confirm we will end gas, electricity price caps.
Market reaction
The Euro is trading on the defensive amid a broad rebound in the US Dollar. EUR/USD is dropping 0.07% on the day to trade at 1.0851, as of writing.