• French FinMin Le Maire: It will take time to bring inflation down to more reasonable levels

Market news

7 November 2022

French FinMin Le Maire: It will take time to bring inflation down to more reasonable levels

French Finance Minister Bruno Le Maire delivered some comments on the Euro inflation outlook during his appearance on Monday.

Key quotes

“It will take time to bring inflation down to more reasonable levels.”

“The best case scenario is for a progressive decline in inflation.”

Market reaction

At the time of writing, EURUSD is extending the renewed upside to near 0.9975,  adding 0.106% on the day.

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