French Inflation to Remain Low Despite Regional Conflict
Bank of France Governor Villeroy says inflation will stay low despite the Iran war. He dismissed stagflation fears and expects continued economic growth.
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Bank of France Governor Francois Villeroy de Galhau stated on Wednesday that inflation in France is expected to remain low, even as the ongoing conflict in Iran may lead to slightly higher prices and lower growth globally. Villeroy noted that the economic implications of the crisis are becoming clearer with each passing day, suggesting a modest increase in inflation and a slight reduction in global economic expansion.
