French Central Bank expects 2026 growth 0.9% in baseline scenario (prev. 1.0%), 2027 growth 0.8% (prev. 1.0%), 2028 growth 1.2% (prev. 1.1%)
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US CRUDE WRAP: WTI (K6) SETTLES USD 2.03 LOWER AT USD 90.32/BBL; BRENT (M6) SETTLES USD 2.97 LOWER AT USD 97.26/bbl
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French Central Bank expects 2026 growth 0.9% in baseline scenario (prev. 1.0%), 2027 growth 0.8% (prev. 1.0%), 2028 growth 1.2% (prev. 1.1%)
Iran has been laying traps and moving additional military personnel and air defenses to Kharg Island in recent weeks in preparation for a possible US operation to take control of the island, according to CNN citing sources
Iranian Foreign Minister says there are no talks with the US; Iran is not seeking war, wants a permanent end to the conflict; Tehran demands a permanent end to the war and compensation for destructions
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Inflation
- 2026: 1.7% (prev. 1.3%)
- 2027: 1.4% (prev. 1.3%)
- 2028: 1.6% (prev. 1.8%).
Context
The French Central Bank's adjustments to its growth forecasts imply a slight downgrading of economic outlook for 2026 and 2027, signaling potential headwinds for growth. This is coupled with rising inflation expectations, especially for the year 2026, which may complicate the monetary policy landscape and influence interest rate considerations moving forward.
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