A post by @DeItaone on X.
BANK OF FRANCE'S MOULIN: FRANCE WILL PROBABLY GET A BUDGET, MARKETS ARE PROBABLY OVER-REACTING
@DeItaone on X
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Bank of France official Moulin said France will probably get a budget and that markets are probably over-reacting, per a tweet from Walter Bloomberg. The comments come amid market jitters over French fiscal uncertainty, and the central bank official sought to calm investors by signaling a budget will likely be passed. The remarks matter because French political dysfunction has weighed on French bonds and the euro, with investors demanding higher yields to hold French debt. Watch for whether French lawmakers actually pass a budget, as well as any further central bank commentary on market conditions.
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Named in this story
Bank of France, France, Moulin